ACCT 3222 Test 2 Questions With Complete Solutions
Transactions and Events: CAPCO correct answer: Completeness, Proper period cutoff, Accuracy, Classification, Occurrence Account Balances: CARE correct answer: Completeness, Allocation and valuation, rights and obligations, Existence Presentation and Disclosure: CURV correct answer: Completeness, Understandability and classification, Rights and Obligations and Occurrence, Valuation and Accuracy Types of Audit Evidence: correct answer: 1: Client's accounting records 2: Corroborating evidence Characteristics of Audit Evidence correct answer: 1: Sufficient = quantity 2: Appropriate = quality Evidence Hierarchy correct answer: 1: External evidence 2: Auditor observation and knowledge 3: Internal evidence Audit Procedures for Obtaining Audit Evidence correct answer: 1: Risk assessment procedures 2: Tests of controls 3: Substantive procedures
Written for
- Institution
- Louisiana State University
- Course
- ACCT 3222
Document information
- Uploaded on
- May 29, 2023
- Number of pages
- 8
- Written in
- 2022/2023
- Type
- Exam (elaborations)
- Contains
- Questions & answers
Subjects
-
acct 3222 test 2 questions with complete solutions
Also available in package deal