Acct 591 - Study guides, Class notes & Summaries
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Exam (elaborations) Liberty University ACCT 370 Exam 2 Complete solution
- Exam (elaborations) • 310 pages • 2021
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Exam (elaborations) Liberty University ACCT 370 Exam 2 Complete solution 
Liberty University ACCT 370 Exam 2 Complete solution 
100% satisfied: 

solutions 
1. The Common Stock account is reported on the balance sheet at the: 
2. The time that the performance obligation is satisfied for revenue recognition is 
usually: 
3. When reporting a change in an accounting principle, the general rule requires that 
the current year’s income from continuing operations reflect: 
4. Using the same account...
-
Exam (elaborations) Liberty University ACCT 370 Exam 2 Complete solution
- Exam (elaborations) • 310 pages • 2021
-
- $8.49
- + learn more
Liberty University ACCT 370 Exam 2 Complete solution 
Liberty University ACCT 370 Exam 2 Complete solution 
100% satisfied: 

solutions 
1. The Common Stock account is reported on the balance sheet at the: 
2. The time that the performance obligation is satisfied for revenue recognition is 
usually: 
3. When reporting a change in an accounting principle, the general rule requires that 
the current year’s income from continuing operations reflect: 
4. Using the same accounting methods to recor...
-
ACCT 591- ACCOUNTING Audit Exam Questions and Answers with Explanations
- Exam (elaborations) • 114 pages • 2021
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- $26.90
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Which of the following is a true statement regarding documentation requirements for analytical procedures? 
a.	When an analytical procedure is used during the overall review stage of the audit, the auditor is 
 	required to document the auditor's expectation and any additional procedures performed to investigate significant unexplained differences. 
b.	When an analytical procedure is used as the principal substantive test of a significant financial 
 	statement assertion, the auditor is req...
-
ACCT 591- ACCOUNTING Audit Exam Questions and Answers with Explanations
- Exam (elaborations) • 114 pages • 2021
-
- $26.90
- + learn more
Which of the following is a true statement regarding documentation requirements for analytical procedures? 
a.	When an analytical procedure is used during the overall review stage of the audit, the auditor is 
 	required to document the auditor's expectation and any additional procedures performed to investigate significant unexplained differences. 
b.	When an analytical procedure is used as the principal substantive test of a significant financial 
 	statement assertion, the auditor is req...
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