Vouching - Study guides, Class notes & Summaries

Utah Notary Exam Questions & Answers 100% VerifiedThe Jurat, Acknowledgment, and Signature Witnessing all require what? - ANSWER-Personal appearance and proof of identity Acknowledgment - ANSWER-A notarial act in which a notary certifies that a signer, whose identity is personally known to the notary or proven on the basis of satisfactory evidence, has admitted, in the presence of the notary, to voluntarily signing a document for the document's stated purpose Jurat - ANSWER-A notarial act...

Powers & limitations Notarial acts that may be performed by a notary within the state. Acknowledgement A notarial act in which a notary certifies that a signer, whose identity is personally known to the notary or proven on the basis of satisfactory evidence, has admitted, in the presence of the notary, to voluntarily signing a document for the document's state purpose. Jurat A notarial act in which a notary certifies that a signer, whose identity is personally known or proven on the basis ...

CIA Exam Questions & Answers 2023/2024 sufficient - ANSWER-refers to the quantity of resources needed to accomplish the engagement with due professional care items inversely related to variables sample size - ANSWER-1. tolerable deviation rate 2. sampling risk 3. precision items directly related to variables sample size - ANSWER-1. confidence level 2. expected deviation rate personal privacy - ANSWER-physical and psychological privacy of space - ANSWER-freedom from surveillan...

misstatement - An error, either intentional or unintentional, that exists in a transaction or financial statement account balance. alternative procedures - Procedures used to obtain evidence about the existence and valuation of accounts receivable when a positive confirmation is not returned, including examining cash collected after the confirmation date and vouching unpaid invoices to customers' orders, sales orders, shipping documents, and sales invoices. Altman Z-scores ...

What are the top 10 mistakes notaries make? - answer-1. Leaving out notarial language 2. Confusing the notarial acts 3. Misinterpreting electronic signature 4. Failing to require personal appearance 5. Failing to name the signer 6. Adopting policies contrary to UCA 46-1-8 7. Failing to require proper ID 8. Refusing documents solely for their content 9. Leaving the notary seal and certificate 10. Executing 'material incomplete' certificate What are the 5 notarial acts? - answer-1. Ju...

4 parts of the AICPA - Answer- 1. Ethical Principles 2. Rules of Conduct 3. Interpretations 4. Ethical Rulings Ethical Principles - Answer- Ideal standards of ethical conduct stated in philosophical terms. Not enforceable Ethical Principles Listed - Answer- Responsibilities, the public interest, integrity, objectivity and independence, due care, scope and nature of services Rules of Conduct - Answer- Minimum standards of ethical conduct stated as specific rules. Enforcable Interpr...

CPA Exam – Aud Question and answer 100% correct 2023Independent Auditor's Responsibilities Independent Auditor's Responsibilities: performing an audit in accordance with generally accepted auditing standards (GAAS). Management Responsibilities Management Responsibilities: responsible for the fair presentation of the financial statements in conformity with GAAP, even if the statements are prepared or audited by CPAs Effective Internal Control Management is also responsible...

GUAM NOTARY EXAM WITH 100% CORRECT ANSWERS. Acknowledgement - CORRECT ANSWER A notorial act in which a notary certifies that a signer, whose identity is proven on the basis of satisfactory evidence, has admitted, in the notary's presence, having signed a document voluntarily for its stated purpose Commission - CORRECT ANSWER To empower to perform notorial acts and the written authority to perform those acts Copy Certification - CORRECT ANSWER A notorial act in which a notary certifie...

Audit 2 Exam 148 Questions with Verified Answers What are the characteristics professions are distinguished by? - CORRECT ANSWER mastery of certain skill, or education/training; adherence to a common code of values and conducts; and acceptance of a duty to society as a whole utilitarisism - CORRECT ANSWER the greatest happiness should be achieved for the greatest number of people golden rule - CORRECT ANSWER treating others as you want to be treated (reciprocity) theory of rights - C...

Utah Notary Exam Questions and Answers 100% Pass Powers & limitations - Answer- Notarial acts that may be performed by a notary within the state. Acknowledgement - Answer- A notarial act in which a notary certifies that a signer, whose identity is personally known to the notary or proven on the basis of satisfactory evidence, has admitted, in the presence of the notary, to voluntarily signing a document for the document's state purpose. Jurat - Answer- A notarial act in which a notary c...