Solution-Find which audit tests would be regarded as test

Find which audit tests would be regarded as test of controls

Assignment Help Accounting Basics

Reference no: EM132680723

Problem 1: Which of the following audit tests would be regarded as test of controls?

A Performing bank reconciliations for the client's trading account.

B Observing the client's warehouse staff checking shipments.

C Sending an external confirmation to a debtor to check the outstanding balance at year end.

D Counting inventory and checking that the quantity is accurately recorded in the inventory records.

Reference no: EM132680723

Questions Cloud

Mendel laws of equal segregation-independent assortment : In a certain population, the frequency of heterozygous carriers for the disorder-causing allele is 1 in 100. If an unaffected woman whose father is affected

Reveal information about evolutionary changes : How does the fossil record reveal information about evolutionary changes? Name an organism

Which is the most effective control activity : Which of the following is the most effective control activity to detect vouchers that were prepared for the payment of goods that were not received?

Explain the core principles or features of the theory : In this section you must explain either utilitarianism or Kant's deontology. In doing so, you must explain the core principles or features of the theory

Find which audit tests would be regarded as test of controls : Which audit tests would be regarded as test of controls? Counting inventory and checking that the quantity is accurately recorded in the inventory records.

Explain autonomic and somatic pathways-nervous system : What is the difference between the autonomic and somatic pathways of the nervous system?

Which tests of control should be undertaken with regard to : When control risk is assessed as less than high, tests of control should be undertaken with regard to? Design of internal control.

What was so impressive about patient care : What was so impressive about patient care?

Explain the various public order crime syndromes : List and discuss the various public order crime syndromes. Public order crimes are often called "victimless." Do you think this is an accurate description?

User Account

All Pages

Find which audit tests would be regarded as test of controls

Reference no: EM132680723

Reference no: EM132680723

Questions Cloud

Reviews

Write a Review

Accounting Basics Questions & Answers

How much control does fed have over this longer real rate

Coures:- fundamental accounting principles

Accounting problems

Theory of interest - term structure of interest rates

Write a report on internal controls

Prepare the bank reconciliation for company

Cost-benefit analysis

Theory of interest

Liquidity and profitability

What is the expected risk premium on the portfolio

Simple interest and compound interest

Capm and venture capital

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT