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Author Question: Which of the following is an accurate statement regarding presentation and disclosure? (Read 14 times)

Ethanolson3

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on: Aug 21, 2022

Question 1

The auditor's primary concern relative to presentation and disclosure-related objectives is
◦ accuracy.
◦ existence.
◦ completeness.
◦ occurrence.

Question 2

Which of the following is an accurate statement regarding presentation and disclosure?
◦ Auditors generally set the risk as low that all required information may not be completely disclosed in the footnotes.
◦ Audit tests performed in earlier audit phases provides sufficient appropriate evidence about contingent liabilities and subsequent events.
◦ Auditors do not conduct tests of controls related to disclosures when the initial assessment of control risk is below maximum.
◦ In phase IV (completing the audit), auditors evaluate whether the overall presentation of the financial statements and related footnotes complies with accounting standards.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by Ethanolson3 on Aug 21, 2022

3ginamay

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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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Ethanolson3

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

mjenn52

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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