An auditor's purpose in reviewing the renewal of a note payable shortly after the balance sheet date

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An auditor's purpose in reviewing the renewal of a note payable shortly after the balance sheet date most likely is to obtain evidence concerning management's assertions about

a. Existence or occurrence.

b. Presentation and disclosure.

c. Completeness.

d. Valuation or allocation.

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Auditing An Assertions Approach

ISBN: 9780471134213

7th Edition

Authors: G. William Glezen, Donald H. Taylor

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Question Posted: May 08, 2024 01:29 AM

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An auditor's purpose in reviewing the renewal of a note payable shortly after the balance sheet date

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Auditing An Assertions Approach

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