Question: The following table lists audit procedures Please identify the type of audit evidence (1-8) collected t Please identify the audit objective (A-G) satisfied by .

 The following table lists audit procedures Please identify the type of
audit evidence (1-8) collected t Please identify the audit objective (A-G) satisfied

The following table lists audit procedures Please identify the type of audit evidence (1-8) collected t Please identify the audit objective (A-G) satisfied by . satisfied by each audit procedure Audit Objective Audit evidence 1) Physical examination C. Classification 3) Inspection 4) Analytical procedure 5) Inguiry 6) Recalculation E. Detail tie-in 7) Reperformance 8) Observation (Choose one from 1-8) (Choose one from A f G Review the account receivable with the client credit manager to evaluate their collectability 2. Obtain the written statement from a bank stating that the client has $25,000 on deposit and liability of $5,000,000 bank loan Obtaining a letter from client attorney addressed to the CPA stating that the attorney is not aware of any existing lawsuit 10

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!