Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

. Q1- What type of audit procedures would you adopt for obtaining audit evidence in Plant and machinery including different machines, pipelines, conveyor belts choose

. Q1- What type of audit procedures would you adopt for obtaining audit evidence in Plant and machinery including different machines, pipelines, conveyor belts choose correct answer?

  1. Inspection
  2. Observation
  3. External Confirmation
  4. Recalculation
  5. Re-performance
  6. Analytical Procedures

Q2- What type of audit procedures would you adopt in Marketable securities such as stocks and bonds ?

  1. Inspection
  2. Observation
  3. External Confirmation
  4. Recalculation
  5. Re-performance
  6. Analytical Procedures

Q-3- What type of audit procedures would you adopt in Notes payable on purchase of conveyor belts?

  1. Inspection
  2. Observation
  3. External Confirmation
  4. Recalculation
  5. Re-performance
  6. Analytical Procedures

Q-4- What type of audit procedures would you adopt in Accounting system in use that prevents error in recording?

  1. Inspection
  2. Observation
  3. External Confirmation
  4. Recalculation
  5. Re-performance
  6. Analytical Procedures
  7. Inquiry

Q-5- What type of audit procedures would you adopt in Sales revenue?

  1. Inspection
  2. Observation
  3. External Confirmation
  4. Recalculation
  5. Re-performance
  6. Analytical Procedures

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

International Marketing And Export Management

Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr

8th Edition

1292016922, 978-1292016924

Students also viewed these Accounting questions