Audit documentation that shows the detailed evidence and procedures regarding the balance in the accumulated depreciation account
Question:
Audit documentation that shows the detailed evidence and procedures regarding the balance in the accumulated depreciation account for the year under audit will be found in the
a. Current file audit documentation.
b. Permanent file audit documentation.
c. Administrative audit documentation in the current file.
d. Planning memorandum in the current file.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 57% (14 reviews)
a Correct Since this is evidence that relates directly on the year under audit the current file ...View the full answer
Answered By
Aysha Ali
my name is ayesha ali. i have done my matriculation in science topics with a+ . then i got admission in the field of computer science and technology in punjab college, lahore. i have passed my final examination of college with a+ also. after that, i got admission in the biggest university of pakistan which is university of the punjab. i am studying business and information technology in my university. i always stand first in my class. i am very brilliant client. my experts always appreciate my work. my projects are very popular in my university because i always complete my work with extreme devotion. i have a great knowledge about all major science topics. science topics always remain my favorite topics. i am also a home expert. i teach many clients at my home ranging from pre-school level to university level. my clients always show excellent result. i am expert in writing essays, reports, speeches, researches and all type of projects. i also have a vast knowledge about business, marketing, cost accounting and finance. i am also expert in making presentations on powerpoint and microsoft word. if you need any sort of help in any topic, please dont hesitate to consult with me. i will provide you the best work at a very reasonable price. i am quality oriented and i have 5 year experience in the following field.
matriculation in science topics; inter in computer science; bachelors in business and information technology
_embed src=http://www.clocklink.com/clocks/0018-orange.swf?timezone=usa_albany& width=200 height=200 wmode=transparent type=application/x-shockwave-flash_
4.40+
11+ Reviews
14+ 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
-
Marketing research can establish best positive correlation between____ a. Consumer needs O b. Customer preferences O c. All of these. O d. Product and brand
-
Audit standards distinguish auditors responsibility for planning procedures for detecting noncompliance with laws and regulations having a direct effect on financial statements versus planning...
-
The eight general audit procedures produce evidence about the principal management assertions in financial statements. However, some procedures are useful for producing evidence about certain...
-
In Canada, Canadian teachers and bosses and HIGH AUTHORITY FIGURES are not FEARED but RESPECTED. In CANADA TEACHERS, bosses and AUTHORITY FIGURES encourage feedback, OPINIONS and ENGAGE in discuss....
-
A needs assessment survey has been distributed in a large corporation. Employees have been asked if they thought that a new policy of casual dress on Fridays would boost company morale. Use column...
-
Which of the following would not be an acceptable replacement for the underlined phrase? A) NO CHANGE B) The way of the immune system C) The way the immune system D) The way that the immune system.
-
Clasificar a los detallistas de acuerdo con la matriz de posicionamiento del menudeo y especificar acciones mixtas de venta al detalle . OA5
-
Fashion Standards is a retail clothing store. Sales of merchandise and purchases of goods on account for January 2016, the first month of operations, appear below. INSTRUCTIONS 1. Record the...
-
If equity at the beginning of the period is $35,000 and at the end of the period is $56,000 and $20,000 is withdrawn by the owner during the period, calculate profit. a. $41,000 b. $1,000 c. $21,000...
-
The payroll register for D. Salah Company for the week ended May 18 indicated the following: Salaries ..................................................... $660,000 Federal income tax withheld...
-
When planning an audit, which of the following is not a factor that affects auditors decisions about the quantity, type, and content of audit documentation? a. The auditors need to document...
-
An auditors permanent file audit documentation most likely will contain a. Internal control analysis for the current year. b. The most recent engagement letter. c. Memoranda of conference with...
-
A medical statistician wants to estimate the average weight loss of people who are on a new diet plan. In a preliminary study, he guesses that the standard deviation of the population of weight...
-
Which alternative strategy do each of the following fall under? 1. Nike could set more aggressive sustainability targets and timelines for each product category, allocating additional resources to...
-
Find the critical value Za/2 that corresponds to the given confidence level. 88%
-
A study was conducted to determine the proportion of people who dream in black and white instead of color. Among 296 people over the age of 55, 73 dream in black and white, and among 294 people under...
-
The other strategy could be to develop a completely distinct product line. This would allow Nike to develop sustainable products without affecting their main products. It could target specific green...
-
A drug is used to help prevent blood clots in certain patients. In clinical trials, among 4705 patients treated with the drug, 170 developed the adverse reaction of nausea. Construct a 95% confidence...
-
Balance before interest is \(\$ 621.00\), interest charge is \(\$ 7.81\). Find the balance on the credit card with the given interest charge and balance before interest was charged. The cards were...
-
Write the statement to store the contents of the txtAge control in an Integer variable named intAge.
-
A robot arm consists of rigid links connected by joints allowing the relative motion of neighboring links. The dynamic model for a robot arm can be derived using Lagrange's equations...
-
What kinds of information can be confirmed with a transfer agent?
-
Evaluate the following statement: "The most important audit procedure to verify dividends for the year is a comparison of a random sample of cancelled dividend checks with a dividend list that has...
-
If a transfer agent disburses dividends for a client, explain how the audit of dividends declared and paid is affected. What audit procedures are necessary to verify dividends paid when a transfer...
-
Assignment Title: The Role of Bookkeeping in Business Management and Financial Reporting Objective: Understand the importance of proper bookkeeping procedures in the management of...
-
17) The adjustment that is made to allocate the cost of a building over its expected life is called:A) depreciation expense.B) residual value.C) accumulated depreciation.D) None of the above answers...
-
9) Prepaid Rent is considered to be a(n):A) liability.B) asset.C) contra-asset.D) expense.10) As Prepaid Rent is used, it becomes a(n):A) liability.B) expense. C) contra-asset.D) contra-revenue.11)...
Study smarter with the SolutionInn App