This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: In performing the audit of internal control over financial reporting, the auditor emphasizes ... (Read 149 times)

olgamartinez04

  • Full Member
  • ***
  • Posts: 124
on: Aug 21, 2022
In performing the audit of internal control over financial reporting, the auditor emphasizes internal control over classes of transactions because
◦ the accuracy of accounting system outputs depends heavily on the accuracy of inputs and processing.
◦ the class of transaction is where most fraud schemes occur.
◦ account balances are less important to the auditor then the changes in the account balances.
◦ classes of transactions tests are the most efficient manner to compensate for inherent risk.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by olgamartinez04 on Aug 21, 2022

brunoanthony

  • Full Member
  • ***
  • Posts: 169
Reply #1 on: Aug 21, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 56% of students answer this correctly


olgamartinez04

  • Member
  • Posts: 124
Reply 2 on: Aug 21, 2022
Wow, this really help

dawsa925

  • Member
  • Posts: 326
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Internal acoustic meatus Internal acoustic meatus
Performing a Gram Stain Performing a Gram Stain
Performing a Gram Stain Performing a Gram Stain
Hormonal control over male and female reproductive hormones. Hormonal control over male and female reproductive hormones.
Comparison of Control by the Nervous and Endocrine Systems Comparison of Control by the Nervous and Endocrine Systems
An internal promoter for transcription by RNA polymerase III An internal promoter for transcription by RNA polymerase III
Video: Skin Cancer

For a complete list of videos, visit our video library