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 69 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
Excellent

Dinolord

  • Member
  • Posts: 313
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Location, appearance, and internal structure of the mammalian pancreas. Location, appearance, and internal structure of the mammalian pancreas.
Hormonal control of parturition. Hormonal control of parturition.
Negative feedback control of the female reproductive hormones Negative feedback control of the female reproductive hormones
Internal anatomy of a female cricket Internal anatomy of a female cricket
The power and control wheel illustrates the strategies that one partner may use to intimidate, ... The power and control wheel illustrates the strategies that one partner may use to intimidate, ...
Bacteria with Internal Membranes Bacteria with Internal Membranes
Video: Genetic distance between human groups

For a complete list of videos, visit our video library