Question
Besides cash, what other account can be confirmed using a standard bank confirmation? A. Fixed Assets B. A/R C. Debt D. A/P what type of
Besides cash, what other account can be confirmed using a standard bank confirmation?
A. Fixed Assets
B. A/R
C. Debt
D. A/P
what type of audit evidence is used across all audit tests
A. all of the evidence gathering techniques are used across all audit test.
B. Analytical procedures
C. Client Inquiry
D. Inspection
E. Observation
Which of the following statements is False regarding a representative sample?
A. auditors cannot know if they have a representative sample unless the entire population is sampled.
B. A representative sample is one in which the characteristics in the sample are approximately the same as those in the population.
C. A representative sample can only be made through statistical sampling.
D. Auditors can increase the likelihood of a representative sample by using care in the sample design, sample selection, and sample evaluation.
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