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Author Question: The auditor is testing for the balance-related audit objective of detail tie-in when they (Read 51 times)

emoedee

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on: Aug 21, 2022

Question 1

Prices in an active market for identical assets is a level ________ fair value estimate.
◦ 1
◦ 2
◦ 3
◦ 4

Question 2

The auditor is testing for the balance-related audit objective of detail tie-in when they
◦ prove the schedule of investment activity as to additions and subtractions.
◦ perform a physical inspection of the security.
◦ verify the quoted market prices.
◦ test management's assumptions related to valuation.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by emoedee on Aug 21, 2022

mgranuc

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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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emoedee

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

ghepp

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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