Audit documentation that shows the detailed evidence and procedures regarding the balance in the accumulated depreciation account
Question:
Audit documentation that shows the detailed evidence and procedures regarding the balance in the accumulated depreciation account for the year under audit will be found in the
a. Current file audit documentation.
b. Permanent file audit documentation.
c. Administrative audit documentation in the current file.
d. Planning memorandum in the current file.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 53% (13 reviews)
a Correct Since this is evidence that relates directly on the year under audit the current file ...View the full answer
Answered By
Aysha Ali
my name is ayesha ali. i have done my matriculation in science topics with a+ . then i got admission in the field of computer science and technology in punjab college, lahore. i have passed my final examination of college with a+ also. after that, i got admission in the biggest university of pakistan which is university of the punjab. i am studying business and information technology in my university. i always stand first in my class. i am very brilliant client. my experts always appreciate my work. my projects are very popular in my university because i always complete my work with extreme devotion. i have a great knowledge about all major science topics. science topics always remain my favorite topics. i am also a home expert. i teach many clients at my home ranging from pre-school level to university level. my clients always show excellent result. i am expert in writing essays, reports, speeches, researches and all type of projects. i also have a vast knowledge about business, marketing, cost accounting and finance. i am also expert in making presentations on powerpoint and microsoft word. if you need any sort of help in any topic, please dont hesitate to consult with me. i will provide you the best work at a very reasonable price. i am quality oriented and i have 5 year experience in the following field.
matriculation in science topics; inter in computer science; bachelors in business and information technology
_embed src=http://www.clocklink.com/clocks/0018-orange.swf?timezone=usa_albany& width=200 height=200 wmode=transparent type=application/x-shockwave-flash_
4.40+
11+ Reviews
14+ Question Solved
Related Book For
Auditing and Assurance Services
ISBN: 978-0077862343
6th edition
Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws
Question Posted:
Students also viewed these Auditing questions
-
Marketing research can establish best positive correlation between____ a. Consumer needs O b. Customer preferences O c. All of these. O d. Product and brand
-
Audit standards distinguish auditors responsibility for planning procedures for detecting noncompliance with laws and regulations having a direct effect on financial statements versus planning...
-
The eight general audit procedures produce evidence about the principal management assertions in financial statements. However, some procedures are useful for producing evidence about certain...
-
In Canada, Canadian teachers and bosses and HIGH AUTHORITY FIGURES are not FEARED but RESPECTED. In CANADA TEACHERS, bosses and AUTHORITY FIGURES encourage feedback, OPINIONS and ENGAGE in discuss....
-
A needs assessment survey has been distributed in a large corporation. Employees have been asked if they thought that a new policy of casual dress on Fridays would boost company morale. Use column...
-
Gate AB is 7 ft into the paper and weighs 3000 lbf when submerged. It is hinged at B and rests against a smooth wall at A. Find the water level h which will just cause the gate to open. 2 4 ft Water...
-
Suppose you make 15 equal annual deposits of \($1,000\) each into a bank account paying 5% interest per year. The first deposit will be made one year from today. How much money can be withdrawn from...
-
Minott Jewelers, Ltd., purchased store fixtures, display cases, and a maximum-security commercial safe for a lump-sum price of $14,000 from a bankrupt competitor. Appraised values were as follows:...
-
Image transcription text 1. [#751] Exploding 1 point A mass breaks suddenly into two parts, masses M and m, with speeds I and v respectively and carrying a total kinetic energy K. If ML = R = 4.2,...
-
A small, private company is contemplating an initial public offering (IPO) in which they will sell 40,000 shares of stock. The price of the stock at the IPO is uncertain, with the following...
-
When planning an audit, which of the following is not a factor that affects auditors decisions about the quantity, type, and content of audit documentation? a. The auditors need to document...
-
An auditors permanent file audit documentation most likely will contain a. Internal control analysis for the current year. b. The most recent engagement letter. c. Memoranda of conference with...
-
The ancient Romans added calcium sulfate to wine to clarify it and to remove dissolved lead. What is the maximum [Pb 2+ ] that might be present in wine to which calcium sulfate has been added?
-
Fire Roasted primarily used a specialty blend, Saint Drogo, for its classic drip coffee. Saint Drogo was made with 40 per cent Brazilian beans, 30 per cent Peruvian beans, and 30 per cent Costa Rican...
-
What are the THREE key activities of the finance manager? Explain. The following table shows the income statement of TV Summit Corporation for the year ended 31 Dec 20X2. (i) Calculate the three...
-
The graph below shows T(x), the temperature of a bowl of soup as a function of the time it has been sitting on the counter to cool. a) Find the average rate of change in temperature with respect to...
-
S4 is generated by (12) and (1234). Prove that (13) and (1234) generate a copy of Dg in S4. Prove that every subgroup of S4 of order 8 is conjugate to ((13), (1234)). Prove there are exactly 3 such...
-
Use the graphs to evaluate the expressions below. 6+ 5 -1 5 4 3 2 7 f(x) f(g(0)) 1 f(f(3)) = g(f(1)) = = = g(g(2)) = 2 x 4 5 6-1 A 3 2 -1 g(x) 1 2 3 on 4 5 X Po
-
Consider humans generating electricity by pedaling a device similar to a stationary bicycle. Construct a problem in which you determine the number of people it would take to replace a large...
-
Write the statement to store the contents of the txtAge control in an Integer variable named intAge.
-
A robot arm consists of rigid links connected by joints allowing the relative motion of neighboring links. The dynamic model for a robot arm can be derived using Lagrange's equations...
-
What kinds of information can be confirmed with a transfer agent?
-
Evaluate the following statement: "The most important audit procedure to verify dividends for the year is a comparison of a random sample of cancelled dividend checks with a dividend list that has...
-
If a transfer agent disburses dividends for a client, explain how the audit of dividends declared and paid is affected. What audit procedures are necessary to verify dividends paid when a transfer...
-
The bonds of Venture Ltd . has 8 years remaining to maturity. Its annual coupon rate is 6 % with a face value of $ 1 , 0 0 0 . The prevailing market interest rate is 8 % . The interest is paid semi -...
-
Convert the following C functions into ARMv8 assembly language. Again, comment each line of assembly code on what it does. Note that local variables should be kept in function's stack frame. 1)...
-
What are the four main types of financial services?Which type of financial services will help you accomplish your short, intermediate, and long-term goals?For example, I use savings financial...
Study smarter with the SolutionInn App