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Author Question: When auditing financial instruments, analytical procedures can be used to (Read 47 times)

olgamartinez04

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on: Aug 21, 2022

Question 1

When auditing financial instruments, a confirmation is sent to the broker-dealer
◦ only if the client has poor internal controls.
◦ to confirm interest and dividends.
◦ to provide assurance on realizable value.
◦ to confirm year-end holdings.

Question 2

When auditing financial instruments, analytical procedures can be used to
◦ test the reasonableness of interest and dividend income.
◦ test the year-end balance.
◦ determine if the financial instruments were properly valued.
◦ determine if the gain or loss on the sales were properly computed.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by olgamartinez04 on Aug 21, 2022

Burly

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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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olgamartinez04

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Reply 2 on: Aug 21, 2022
Great answer, keep it coming :)

JCABRERA33

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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