Edward Company, a CPA firm, conducted an audit for the 2020 financial statements of Shepard Corporation. The auditors asked the management about the company's flow of transactions and internal control testing. This is an example of: * Inquiry Inspection of documents Confirmation Analytical procedures None of the above

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Master accounting
Edward Company, a CPA firm, conducted an audit for the 2020 financial
statements of Shepard Corporation. The auditors asked the management
about the company's flow of transactions and internal control testing. This
is an example of: *
O Inquiry
Inspection of documents
Confirmation
Analytical procedures
None of the above
Transcribed Image Text:Edward Company, a CPA firm, conducted an audit for the 2020 financial statements of Shepard Corporation. The auditors asked the management about the company's flow of transactions and internal control testing. This is an example of: * O Inquiry Inspection of documents Confirmation Analytical procedures None of the above
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