Test 3 (chapter 14-17)

Test 3 (chapter 14-17) - 1 Q1 StudentResponse A...

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1. Q1   The assertion that auditors will probably emphasize in the revenue and collection cycle is:    Student Response Correct Answer Feedback A. Completeness      B. Classification      C.  Accuracy      D.  Occurrence.      Score: 0/4    2. Q2   Confirmations of accounts receivable provide the most evidence for which of the following assertions?    Score: 4/4    3. Q3  
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If the auditor obtains sufficient appropriate evidence on the client's accounts receivable balance by alternative  procedures because it is impractical to confirm accounts receivable, the auditor's opinion should be unqualified  and could be expected to    Score: 0/4    4. Q4   Which of the following audit procedures is the most effective in testing sales for understatement?    Score: 4/4    5. Q5   The most effective audit procedure for determining the collectability of an account receivable is the 
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  Score: 0/4    6. Q6   In determining the adequacy of the allowance for uncollectible accounts, the least valuable evidence would be  obtained from    Score:
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This document was uploaded on 11/26/2010.

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Test 3 (chapter 14-17) - 1 Q1 StudentResponse A...

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