The fieldwork for the December 31, 2016 audit of Treble ...

[Facerro]

Question 1

The Sarbanes-Oxley Act includes additional communication requirements for auditors of public companies.
◦ true
◦ false

Question 2

The fieldwork for the December 31, 2016 audit of Treble Corporation ended on March 17, 2017. The financial statements and auditor's report were issued and mailed to stockholders on March 29, 2017. In each of the material situations (1 through 5) below, indicate the appropriate action (a, b, c, d, or e). The possible actions are as follows:

a.	Adjust the December 31, 2016 financial statements.

b.	Disclose the information in a footnote in the December 31, 2016 financial statements.

c.

Request the client revise and reissue the December 31, 2016 financial statements. The revision should involve an adjustment to the December 31, 2016 financial statements. d. Request the client revise and reissue the December 31, 2016 financial statements. The revision should involve the addition of a footnote, but no adjustment, to the December 31, 2016 financial statements. e. No action is required. The situations are as follows: ________ 1. On January 16, 2017 a lawsuit was filed against Treble for a patent infringement action that allegedly took place in early 2014. In the opinion of Treble's attorneys, there is a reasonable (but not probable) danger of a significant loss to Treble. ________ 2. On February 19, 2017, Treble settled a lawsuit out of court that had originated in 2015 and is currently listed as a contingent liability. ________ 3. On March 30, 2017, Treble settled a lawsuit out of court that had originated in 2014 and is currently listed as a contingent liability. ________ 4. On February 2, 2017, you discovered an uninsured lawsuit against Treble that had originated on August 30, 2013. There is a reasonable (but not probable) danger of a significant loss to Treble. ________ 5. On April 7, 2017, you discovered that a debtor of Treble went bankrupt on January 22, 2017, due to a major uninsured fire that occurred on January 2, 2017. Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition Buy Test-Bank Related Topics AnsweredPrepare a balance sheet in proper form for Brampton Cleaners for the period ended December 31, 2017. ... Accounting AnsweredStock purchased on December 15, 2015, which becomes worthless in March 2016, produces a STCL since ... Accounting AnsweredA corporation has a tax year ending December 31, 2016. When is the due date for the corporate income ... Accounting AnsweredYour CPA firm has completed the fieldwork for the 2019 audit of Sharp Corporation, a private company ... Accounting AnsweredThe fieldwork for the December 31, 2018 audit of Schmidt Corporation ended on March 17, 2019. The ... Accounting Need homework help now? Ask unlimited questions for free Ask a Question Marked as best answer by Facerro on Aug 21, 2022 my33251 Full Member Posts: 158 The fieldwork for the December 31, 2016 audit of Treble Corporation ended on March 17, 2017. The ... Reply #1 on: Aug 21, 2022 A FREE account is required to view all solutions! Click to Register Login with Facebook Login with Google Login with Email 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 29% of students answer this correctly Facerro Member Posts: 139 Reply 2 on: Aug 21, 2022 Thanks for the timely response, appreciate it mcarey591 Member Posts: 365 Reply 3 on: Yesterday Excellent Print « previous next » Homework Clinic Social Science Clinic Accounting The fieldwork for the December 31, 2016 audit of Treble ...   Did you know? Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet. Did you know? In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination. Did you know? The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body. Did you know? Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors. Did you know? Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet. Mastering Biology Question screen-shot-2017-02-20-at-4-52-38-pm.png screen-shot-2017-02-17-at-2-10-32-pm.png Mastering Biology Question Mastering Biology Question Mastering Biology Question Video: Bipolar Disorder For a complete list of videos, visit our video library Which statement best describes the integral-piston power steering linkage system? The input is a 500 Hz, 10 Vpp square wave centered about 0 V.Refer to Figure 5. The output ... On the test report Sheri received from the standardized achievement test, it included scores for ... Three 2.50 C charges are placed on tiny conducting spheres at the ends of 1.00 m-long strings that ... During Sunday dinners, Drew's family members get into lively debates that rarely end in agreement ... In how many days will $770.00 grow to $880.00 at 11.5% p.a. compounded monthly? Which of the following is NOT a psychological determinant of travel demand? Conductive charging is normally accomplished with a fuel nozzle looking connector called the ODU.a. ... Melissa has selected a topic and completed her research. She now wants to arrange her ideas in a ... Which statement accurately describes the four types of communication contexts? Lauren takes the initiative by assuming personal responsibility for problems, so we have a hint that ... Naima is a speech and language specialist. She works with several students in a large elementary ... Bill hates to clean up after dinner. One night, he volunteers to bathe the dog before cleaning up. ... If Olivia wants to increase her fitness, she could enlist her PE instructor as a change agent. A concise statement of the substantial issue that needs to be decided in a case is known as a(n) ________. Autonomic hyperreflexia-induced bradycardia is a result of stimulation of what? Salima is a concrete operational thinker. According to Piaget and Inhelder (1958), Salima is __________. Shary is a student who is gifted in mathematics. She is eight years old and able to complete ... A coin is tossed 1000 times and 540 heads appear. At = 0.05, test the claim that this is not a biased coin. A seven-year-old child has been in the restroom a long time. A teacher calls in, "Jamal, are you ... Which situation demonstrates the use of jealousy as a tactic to achieve relational rewards? ________ is the way of life common to a group of people consisting of their values, attitudes, and beliefs. What would you review or teach a student who reads the word token as TAHKEN? a. closed syllables ... An important part of a teacher's response to an ethical dilemma is ________. According to Parson, which of the following is a long-term effect of passive victimization? An constant electric field, N/C, goes through a surface with area m2. (This surface can also be ... In one of the Video Examples, a teacher describes what her school did to integrate students with ... Restaurant websites are expensive to develop but pay off if an effective kitchen management display ... To help another person maintain __________, you respect the person's right to be autonomous. For ... Which theory claims that you develop and maintain relationships in which the ratio of rewards ... dfgadfgafsdggadf Linda is conducting a federally-funded research project that examines literacy skills in middle ... Dave and Lucy fight often. He doesn't like her to spend too much time with her friends while she ... In the following summary of a statistical report, tell what crucial information is missing and what ... Which of the following is NOT one of the factors included in Richard Florida's creativity index? Charleon is conducting a study to examine TechState employees' use of university computers for ... Won recently read the abstract of a research report of a study that investigated academic ... Which of the following attributions is most typical of poor readers? a. Success is due to luck, ... The patient was admitted with symptoms of periodic diarrhea and constipation during the previous ... "The former Prime Minister insists that, in his new job as envoy to the Middle East, he wants to ... Hey there, how can we help? Homework Clinic is a free homework helpline for anyone who signs-up. All posted questions are reviewed and answered by dedicated volunteers (students and teachers) from around the globe. SMF 2.0.17 | SMF © 2019, Simple Machines Homework Clinic © 2025 Privacy | Terms of Use | Contact Us | Jul 18, 2025 Search Username Password Always stay logged in Forgot your password? Login with Facebook Login with Google

[my33251]

A FREE account is required to view all solutions! Click to Register

Login with Facebook Login with Google Login with Email

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 29% of students answer this correctly

[Facerro]

Thanks for the timely response, appreciate it

[mcarey591]

Excellent