report Gats The most likely or best time to perform the At an interim data botere the mosha Early in the period for the cash Anytime in the period for the balance Near but before the audit reports After the audit report date The most likely or best time to perform the procedure s At an interim date before the balance sheet dat b. Early in the period after the balance sheets and the Anytime in the period after the balance sheet data and for the w Near but before the audit report date After the audit report date. In the date perform Perioulter the bar The audit procedure that would be least effective for testing the valuation of all Inquire of management about the rationale for the valuation technie Compare to the quoted stock price for the investment. Evaluate the reasonableness of the assumptions. Test the reliability of the data inputs. wild A bank reconciliation in the format most suitable for audit purposes is arranged as follows. Book balance to bank balance. Book and bank balance to correct balance. Bank balance to book balance. All of the above are used depending on the individual auditor's preference. ad Which of the following descriptions of the valuation assertion is most accurate? Valuation and accuracy mean the same thing so were Valuation relates to whether the dollar amount of an account balance is corr Valuation relates to the proper presentation of amounts in the financial stav Valuation relates to a measurement required by GAAP after initial recordin ich of the following statements about examining subsequent cash collections on AM-882-E-5:39 49 CA 50 CA- CB- report Gats The most likely or best time to perform the At an interim data botere the mosha Early in the period for the cash Anytime in the period for the balance Near but before the audit reports After the audit report date The most likely or best time to perform the procedure s At an interim date before the balance sheet dat b. Early in the period after the balance sheets and the Anytime in the period after the balance sheet data and for the w Near but before the audit report date After the audit report date. In the date perform Perioulter the bar The audit procedure that would be least effective for testing the valuation of all Inquire of management about the rationale for the valuation technie Compare to the quoted stock price for the investment. Evaluate the reasonableness of the assumptions. Test the reliability of the data inputs. wild A bank reconciliation in the format most suitable for audit purposes is arranged as follows. Book balance to bank balance. Book and bank balance to correct balance. Bank balance to book balance. All of the above are used depending on the individual auditor's preference. ad Which of the following descriptions of the valuation assertion is most accurate? Valuation and accuracy mean the same thing so were Valuation relates to whether the dollar amount of an account balance is corr Valuation relates to the proper presentation of amounts in the financial stav Valuation relates to a measurement required by GAAP after initial recordin ich of the following statements about examining subsequent cash collections on AM-882-E-5:39 49 CA 50 CA- CB