Homework 8th edition Chapter 16

Homework 8th edition Chapter 16 - Multiple Choice...

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Multiple Choice Questions: 16-22. d. 16-23. d. 16-24. b. 16-25. b. 16-26. b. 16-27. d. 16-28. c. 16-29. c. 16-30. a. 16-31. c. 16-32. d. 16-33. a. 16-34. b. 16-35. a. 16-36. b. 16-37. a. 16-43 . 1, 3, 5, 6 are changes for which the auditor should add a paragraph to alert the readers. 16-46. Title 1. There is no title. It should include the word "independent." Introductory paragraph 2. All the financial statements audited are not identified. 3. Management's responsibility for the financial statements is omitted. Scope paragraph 4. Reference to "auditing standards generally accepted in the United States of America" is omitted. 5. An auditor obtains reasonable assurance about whether the financial statements are "free of material misstatement," not "in conformity with generally accepted accounting principles." 6. The statement that an audit includes "evaluating the overall financial statement presentation" is omitted. 7.
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This note was uploaded on 09/20/2011 for the course ACCT 4420 taught by Professor Franz during the Spring '11 term at Toledo.

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Homework 8th edition Chapter 16 - Multiple Choice...

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