Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 14, 2024

Which of the following approaches can be used to introduce unpredictability into an audit? Selecting items that would normally be tested Performing procedures on an

Which of the following approaches can be used to introduce unpredictability into an audit?

Selecting items that would normally be tested

Performing procedures on an unannounced basis

Performing the audit in the same location each year

Assessing high risk accounts

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

Step: 3

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

Between The Lines Of The Balance Sheet The Plain Mans Guide To Published Accounts

Authors: Michael Greener

2nd Edition

0080240712, 9780080240718

More Books

Students also viewed these Accounting questions

Question

★★★★★

The following facts apply to the pension plan of Yorke Inc. for the year 2017. Yorke applies ASPE. Plan assets, January 1, 2017 $490,000 Defined benefit obligation, funding basis, January 1, 2017...

Answered: 1 week ago

Question

★★★★★

Pearson Brothers recently reported an EBITDA of $7.5 million and net income of $1.8 million. It had $2.0 million of interest expense, and its corporate tax rate was 40%. Calculate its charge for...

Answered: 1 week ago

Question

★★★★★

The percentage of the population in a city who suffer from a serious disease is 3%. A person has just taken two medical examinations to see whether he suffers from the disease. Each of the two tests...

Answered: 1 week ago

Question

★★★★★

Arthur Katz testified for the U.S. government in a stock manipulation case. He also pled guilty and testified against three of his law partners in an insurance fraud case. He received a six-month...

Answered: 1 week ago

Question

★★★★★

Suppose Malaysia is facing a current account deficit, other things being equal, what effect will this have on the value of ringgit: 1.Ringgit will fall in value 2.Ringgit will rise in value 3.There...

Answered: 1 week ago

Question

★★★★★

According to the best practices that suppliers maintain in BMW's supply chain, how could you foresee a problem with an obsolete part? How can you foresee a problem, due to an obsolete part? This is...

Answered: 1 week ago

Question

★★★★★

Based on Iceberg Model of "Learning Organization" ( Artifacts, Espoused Values and Basic Assumptions) are analyze and reflected in each of the different levels of culture at Amazon? Reference:...

Answered: 1 week ago

Question

★★★★★

For this task, you need to use the provided pcapanalysis.py and TCP.reflection.pcap files to create three functions. The snippet below shows where you need to code the functions and the expected...

Answered: 1 week ago

Question

★★★★★

We Like Sweaters, Arts, and Sweets," also known as "WLSAS," recently purchased many products. First, they purchased sweaters from a factory in China. The manufacturing processes were as follows: the...

Answered: 1 week ago

Question

★★★★★

Given x = [1,2,3,4] and y = [6,5,7,10], please find a line of best fit that satisfies y = B1 B2x. Your task is to solve the values of B1 and B2 using the least squares approach and applying the...

Answered: 1 week ago

Question

★★★★★

A stacked column chart was selected (Fig. 1) when visualizing customer characteristicsbecause allows for quick comparison across various categories. Stacked column charts are usefulwhen an...

Answered: 1 week ago

Question

★★★★★

Is the company at the point whereit should be set-ting up a formal salary structure based on a com-plete job evaluation? Why? Carter Cleaning Centres does not have a formal wage structure nor does it...

Answered: 1 week ago

Question

★★★★★

Outline and describe the career development program you would propose for the cleaners, pressers, front counter staff, and managers at Carter Cleaning Centres Career planning has always been a pretty...

Answered: 1 week ago

Question

★★★★★

Is Jennifer right about the need to evaluate the work-ers formally? The managers? Why or why not? After spending several weeks on the job, Jennifer was surprised to discover that her father had not...

Answered: 1 week ago

Previous Question Next Question