Auditing hmwk #1

Auditing hmwk #1 - Arayawna Moore @02585360 Auditing I...

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Arayawna Moore @02585360 Auditing I 09/20/10 CHAPTER 1 1-14 A. 3 B. 2 C. 2 D. 3 1-15 A. 2 B. 3 C. 4 D. 3 1-21 A. 1 2 3 4 5 6 7 8 9 10 11 12 B. 1 2 3 4 5 6 7 8 9 10 11 12
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1-22 A. B. CHAPTER 2 2-16 A. 1 B. 2 C. 3 D. 3 2-17 A. 2 B. 1 C. 2 D. 1 2-21 CHAPTER 3 3-23 A. 2 B. 3 C. 3 3-24 A. 3 B. 4 C. 1 3-25 A. 2 B. 3 C. 3 3-26 A. Present fairly in all material respects allows for small errors which would have no major impact; the alternative correctly stated guarantees absolute accuracy/no errors. B. The reference to GAAP specifies principles followed in accounting for the transactions to date; the alternative true economic conditions leaves doubt and don’t identify the specific accounting procedures applied to produce the financial statements.
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C. The opinion paragraph is intended to be an expression of an independent professional judgment based upon a reasonable audit of the statements and fundamental records; the alternative guarantees the accuracy and correctness of the financial statements. D. The name of the CPA firm instead of the name of the individual partner’s name should
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Auditing hmwk #1 - Arayawna Moore @02585360 Auditing I...

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