Which of the following is not required by generally accepted auditing standards? a. Written representations. b. Attorney
Question:
a. Written representations.
b. Attorney letter.
c. Management letter.
d. Engagement letter.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 90% (11 reviews)
a Incorrect Written representations are required under generally accepted a...View the full answer
Answered By
Muqadas Javed
I am a mentor by profession since seven years. I have been teaching on online forums and in universities. Teaching is my passion therefore i always try to find simple solution for complicated problems or task grasp them so that students can easily grasp them.I will provide you very detailed and self explanatory answers and that will help you to get good grade. I have two slogans: quality solution and on time delivery.
4.60+
24+ Reviews
144+ Question Solved
Related Book For
Auditing and Assurance Services
ISBN: 978-0077862343
6th edition
Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws
Question Posted:
Students also viewed these Auditing questions
-
Which of the following is not required by CASs? a. Management representation letter. b. Lawyers letter. c. Management letter. d. Engagement letter.
-
Which of the following is not related to ethical requirements of auditors? a. Due care. b. Independence in appearance. c. Independence in fact. d. Professional judgment.
-
Which of the following is not correct concerning interferon? a. Interferon is a protective protein. b. Virus-infected cells produce interferon. c. Interferon has no effect on viruses. d. Interferon...
-
Revonce Company sells merchandise on a consignment basis to dealers .The selling price of the merchandise averages 25% above cost. The dealer is paid a 10% commission of the sales price for all sales...
-
The Gem Company, a sole proprietorship, provides health insurance for its owner and two employees. The cost per person is $200 per month. Explain how the Gem Company and its sole proprietor will...
-
The density of totally crystalline polypropylene at room temperature is 0.946 g/cm3. Also, at room temperature the unit cell for this material is monoclinic with lattice parameters a = 0.666 nm = 90...
-
What is a ConOps and howmuch does it facilitate System Development?
-
Computing the issue price of bonds. Compute the issue price of each of the following bonds. a. $10,000,000 face value, zero coupon bonds due in 20 years, priced on the market to yield 8% compounded...
-
The fixed budget for 20,300 units of production shows sales of $466,900; variable costs of $60,900; and fixed costs of $144,000. QS 21-3 (Algo) Flexible budget income calculation LO P1 If the company...
-
Refer to the demand for cell phones regression given in Eq. (3.7.3). Eq (3.7.3) a. Is the estimated intercept coefficient significant at the 5 percent level of significance? What is the null...
-
The auditing standards regarding subsequently discovered facts refers to knowledge obtained after a. The date the fieldwork began. b. The date of the auditors report. c. The date of the financial...
-
Which of these persons generally does not participate in writing the management letter? a. Clients outside attorneys. b. Clients accounting and production managers. c. Public accounting firms audit...
-
Steve Murningham, manager of an electronics division, was considering an offer by Pat Sellers, manager of a sister division. Pats division was operating below capacity and had just been given an...
-
What are the strategic uses of mobile media marketing in an IMC campaign?
-
Like direct marketing, sales promotion has a very diverse array of contact vehicles. What are some of the most common and how can they each help to visually and verbally express the key consumer...
-
How does Internet marketing and social media help an IMC campaign be more consumer focused?
-
Why is the Internet considered a direct selling tool?
-
What are some of the ways alternative media can be integrated into traditional media vehicles?
-
If 10.0 g of carbon dioxide was produced, how many grams of glucose must havebeen burned?
-
You have accepted the engagement of auditing the financial statements of the C. Reis Company, a small manufacturing firm that has been your auditee for several years. Because you were busy writing...
-
Nielsen Ltd has two divisions with the following information: Division A has been offered a project costing $\$ 100,000$ and giving annual returns of $\$ 20,000$. Division $B$ has been offered a...
-
Gustav Humphreys (chair of the board) and Ingrid VanEns (vice president, finance) prepared the draft of the financial review section of the annual report. You are reviewing it for consistency with...
-
On January 1, Graham Company purchased land (the site of a new building) for $ 100,000. Soon thereafter, the state highway department announced that a new feeder road would run next to the site. The...
-
In December of the current year, Williams Company changed its method of accounting for inventory and cost of goods sold from LIFO to FIFO. The account balances shown in the trial balance have already...
-
After you've completed this week's assigned reading, watch the video below. Next, respond to the Discussion questions underneath. Your first post should answer those questions and should be made by...
-
Factorize (x4 - 20x + 100)
-
Paragraph discussing food insecurity in the United States. What agencies in the federal government play an important role in ameliorating this situation? What groups of people are at particular risk?
Study smarter with the SolutionInn App