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Author Question: The two most important balance-related audit objectives for notes payable are (Read 51 times)

zl00505

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on: Aug 21, 2022

Question 1

The tests of details of balances procedure which requires the auditor to examine notes paid after year-end to determine whether they were liabilities at the balance sheet date is an attempt to satisfy the audit objective of
◦ existence.
◦ completeness.
◦ accuracy.
◦ classification.

Question 2

The two most important balance-related audit objectives for notes payable are
◦ completeness and detail tie-in.
◦ completeness and valuation.
◦ accuracy and valuation.
◦ accuracy and completeness.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by zl00505 on Aug 21, 2022

heathercab

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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.
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zl00505

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Reply 2 on: Aug 21, 2022
YES! Correct, THANKS for helping me on my review

upturnedfurball

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Reply 3 on: Yesterday
:D TYSM

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