Valuation and allocation is a significant assertion for cash: (a) Always. (b) Never. (c) When the client
Question:
Valuation and allocation is a significant assertion for cash:
(a) Always.
(b) Never.
(c) When the client has cash balances that are held in a foreign currency.
(d) None of the above.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 71% (7 reviews)
c When the cli...View the full answer
Answered By
Amit Choudhary
I'm new in this profession regarding online teaching but previously i used to teach students near my college. I am teaching on online platform since last year and got good support from the students. I'm teaching on platforms like chegg and vedantu and also at my home in free time.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Auditing A Practical Approach
ISBN: 978-1118849415
2nd Canadian edition
Authors: Fiona Campbell, Robyn Moroney, Jane Hamilton, Valerie Warren
Question Posted:
Students also viewed these Business questions
-
Following are the four assertions about account balances that can be applied to the audit of a companys PP& E, including assets the company has constructed itself: existence, rights and obligations,...
-
When an auditor inspects a tangible asset to support a balance in the clients records, the auditor is gathering evidence to support the: a. Completeness assertion. b. Existence assertion. c....
-
When an auditor inspects loan documentation and traces the details to recording in the clients records, the auditor is gathering evidence to support the: a. Completeness assertion. b. Existence...
-
Once an LLC has engaged in a dissolution procedure, the business does not stop immediately. True/False
-
Bush Company budgeted that it would incur $176,000 of manufacturing overhead costs in the upcoming period. By the end of the period, Bush had actually incurred manufacturing overhead costs totaling...
-
Which theory in the article is more compellingthat organizations are getting better at messaging or that employees are lowering expectations?
-
In general how have interest rates changed since the late 1980s according to Figure 11.1? FIGURE 11.1 Interest and Inflation Rates, 1988-2010 10p Rate (%) 8 6 10-Year Treasury Bonds 4 2 AAA Corporate...
-
1. Identify waste in the current production process. 2. How does the pager suggestion eliminate waste? 3. Have the students and Mr. Alvarez found the root cause of the cart problem? Why or why not?...
-
A parallel-plate air-filled capacitor has a capacitance of 770 pF. If each of its plates has an area of 0.040 m, what is the separation? 4.6010-4 m If the region between the plates is now filled with...
-
A man from Vietnam is in your office because his 11-year-old daughter has been having trouble in school. The school suggested the daughter be tested by your agency. You are doing the intake, but only...
-
A major assertion for the cash account is: (a) Existence. (b) Completeness. (c) Classification. (d) All of the above.
-
An auditor compares remittance advices or lists of cash receipts with entries in the cash receipts journal and entries in the cash receipts journal with the remittance advices or lists of cash...
-
Bright Sales, Inc.s inventory records for a particular development program show the following at January 31: At January 31, nine of these programs are on hand. Journalize the following for Bright...
-
Appositive Exercise Highlight (Bold) and punctuate the appositives in the following sentences. Not all require punctuation. 1. My son, the policeman, will be visiting us next week. 2. The captain...
-
Mass media is essentially a product of thought that is used to convey information various information, one of which is about the use of friendly shopping bags environment. This information is...
-
The industrial relations process Instructions Read, study, and analyze Chapter 14 , "Dynamics of Labor Relations" in the following resource: Snell, S. A., & Morris, S. S. (2020). Human resources...
-
A small nation of 10 people idolizes the TV show The Voice . All they produce and consume are karaoke machines and CDs, in the following amounts: Karaoke Machines CDs Quantity Price Quantity Price...
-
i need help about Media / Social media i need to give the example how his affecting now with the teenagers, how todays day people depends to the social media act Media/Social Media Not to be...
-
The board of management of Nelson New Age Theatre is considering the replacement of the theatre's lighting system. The old system requires two people to operate it, but the new system would need only...
-
Name some of the various types of financial intermediaries described in the chapter and indicate the primary reason(s) each was created.
-
Claytonhill Beverages Ltd. is 100 percent owned by Buzz Bottling. While the company has in the past been profitable, it incurred a loss for the year ended December 31, 2016. The parent company, Buzz...
-
oms Trailers Ltd. (TTL), located in London, Ontario, manufactures industrial trailers that are used to ship goods across the country. Originally, Tom Tran owned 60 percent of the common shares of TTL...
-
Niagara Dairy is a boutique cheese maker based in the Niagara region of Ontario. Over the years, the business has grown by supplying local retailers and, eventually, by exporting cheese products. In...
-
You find the following corporate bond quotes. To calculate the number of years until maturity, assume that it is currently January 15, 2019. The bonds have a par value of $2,000 and semiannual...
-
Which of the following code segments will correctly create an instance of an Item class? public class Item { private String name; private double price; public Item (double a, String b) { name = b;...
-
What is the year in which JPMorgan Chase Bank N.A. was established?
Study smarter with the SolutionInn App