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Test Bank for Auditing and Assurance Services, 17th Edition by Alvin A Arens $35.49   Add to cart
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Test Bank for Auditing and Assurance Services, 17th Edition by Alvin A Arens
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  • Auditing

Test Bank for Auditing and Assurance Services 17e 17th Edition by Alvin A Arens, Elder, Beasley ISBN-13: 6115 Full chapters test bank The Demand for Audit and Other Assurance Services The CPA Profession Audit Reports Professional Ethics Legal Liability PART 2: THE AUDIT PROCESS Audi...

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  • May 3, 2022
  • 1049
  • 2021/2022
  • Exam (elaborations)
  • Questions & answers

Subjects

  • auditing
  • assurance
  • services
  • 17e
  • 17th
  • edition
  • arens
  • practice mcqs
  • multiple choice
  • true false
  • 9780135176115

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  • Auditing
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Auditing and Assurance Services, 17e (Arens/Elder/Beasley)
Chapter 1 The Demand for Audit and Other Assurance Services

1.1 Learning Objective 1-1

1) In the auditing process,
A) the types and amounts of evidence remain constant from audit to audit.
B) the criteria for evaluating information will not vary depending on the information being
audited.
C) the audit report communicates the auditor's findings to users.
D) records are gathered by the auditor to determine whether the audited information is stated in
accordance with SEC standards.
Answer: C
Terms: Audit process
Difficulty: Moderate
Objective: LO 1-1
AACSB: Reflective thinking

2) Which of the following is considered audit evidence?
A)
Oral statements Written Auditor
made by management Communications Observations
Y N N

B)
Oral statements Written Auditor
made by management Communications Observations
N Y Y

C)
Oral statements Written Auditor
made by management Communications Observations
Y Y Y

D)
Oral statements Written Auditor
made by management Communications Observations
N N Y

Answer: C
Terms: Audit evidence
Difficulty: Easy
Objective: LO 1-1
AACSB: Reflective thinking

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