This topic contains a solution. Click here to go to the answer

Author Question: When auditing financial instruments, (Read 64 times)

ddddddddddeeee4444

  • Full Member
  • ***
  • Posts: 157
When auditing financial instruments,
◦ the auditor usually performs more extensive substantive testing to reduce reliance on controls.
◦ analytical procedures are critical in assessing the year-end balances for financial instruments.
◦ the auditor relies on statements and broker's advices from investment managers to test purchases and sales as long as controls were deemed effective.
◦ tests of transactions are generally not performed.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by ddddddddddeeee4444 on Aug 21, 2022

bmac98

  • Full Member
  • ***
  • Posts: 180
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 39% of students answer this correctly




ddddddddddeeee4444

  • Member
  • Posts: 157
Reply 2 on: Aug 21, 2022
Great answer, keep it coming :)


jojobee318

  • Member
  • Posts: 298
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

For a complete list of videos, visit our video library