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

Author Question: Auditor confirmation of accounts payable balances at the balance sheet date maynotneed to be ... (Read 68 times)

Deej

  • Full Member
  • ***
  • Posts: 144
on: Aug 21, 2022

Question 1

Discuss the circumstances in which it is desirable to send confirmation requests to the client's vendors.

Question 2

Auditor confirmation of accounts payable balances at the balance sheet date may not need to be performed by the auditor because
◦ this is a duplication of cutoff tests.
◦ there is likely to be other reliable external evidence available to support the balances.
◦ accounts payable balances at the balance sheet date may not be paid before the audit is completed.
◦ correspondence with the audit client's attorney will reveal all legal action by vendors for nonpayment.
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 Deej on Aug 21, 2022

zubair1583

  • Full Member
  • ***
  • Posts: 175
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 25% of students answer this correctly


Deej

  • Member
  • Posts: 144
Reply 2 on: Aug 21, 2022
Wow, this really help

coreycathey

  • Member
  • Posts: 333
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Meiosis Accounts for the Segregation of Alleles Meiosis Accounts for the Segregation of Alleles
Place sheet or towel over area to be heated. Use sufficient heat barrier for the heat source used. ... Place sheet or towel over area to be heated. Use sufficient heat barrier for the heat source used. ...
Electricity production accounts for 25% of greenhouse gas emissions Electricity production accounts for 25% of greenhouse gas emissions
Energy Balance Is Achieved When Energy (Calories) In Equals Energy (Calories) Out Energy Balance Is Achieved When Energy (Calories) In Equals Energy (Calories) Out
Acid–Base Balance Acid–Base Balance
Fluid–solute balance in freshwater and marine bony fishes Fluid–solute balance in freshwater and marine bony fishes
Video: Pressure Flow Model Animation

For a complete list of videos, visit our video library