Quiz B 10 Auditing

Quiz B 10 Auditing - View Attempt 1 of 1 Title M10B Started...

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View Attempt 1 of 1 Title: M10B Started: April 25, 2009 11:12 PM Submitted: April 25, 2009 11:56 PM Time spent: 00:44:08 Total score: 8/10 = 80% Total score adjusted by 0.0 Maximum possible score: 10 1. Confirmation is most likely to be a relevant form of evidence with regard to assertions about accounts receivable when the auditor has concerns about the receivables' Student Response Value Correct Answer Feedback a. Valuation 0% b. Classification 0% c. Existence 100% d. Completeness 0% Score: 1/1 2. Which of the following controls most likely would be effective in offsetting the tendency of sales personnel to maximize sales volume at the expense of high bad debt write-offs?
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Value % Score: 1/1 3. An auditor confirms a representative number of open accounts receivable as of December 31, 2007 and investigates respondents' exceptions and comments. By this procedure, the auditor would be most likely to learn of which of the following? Value
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Quiz B 10 Auditing - View Attempt 1 of 1 Title M10B Started...

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