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Question 4 (2 points) Listen ASSURANCE LEVELS AND TYPES OF ENGAGEMENTS Match the descriptions to the type of Engagement work that may be performed by
Question 4 (2 points) Listen ASSURANCE LEVELS AND TYPES OF ENGAGEMENTS Match the descriptions to the type of Engagement work that may be performed by an Audit Firm (Public Accountant). V Audit Engagement (i.e. "Full Audit") 1. Positive Assurance Review Engagement 2. Negative Assurance 3. No Assurance Compilation Engagement SHAREHOLDERS' EQUITY ASSERTIONS For each example situation listed below, match the typical assertion for Shareholders' Equity that relates to the situation. 1. On the Balance Sheet, in Shareholders' Equity Common Share account description, the issued number of common shares is listed: this number was confirmed by the corporation's share registrar agent Valuation V Existence > 2. The corporation issued common shares in exchange for goods or services: when recorded in the corporation's financial system, the transaction's dollar amount was determined to be consistent with Generally Accepted Accounting Principles (GAAP) Authorization 3. The corporate minute book ("the minutes") of Board of Directors meetings indicates approval for transactions affecting Shareholders' Equity accounts
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