Describe the purpose of each control.

Question

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Answer 1

Question

Chapter 11, Problem 45P

a.

To determine

Describe the purpose of each control.

b.

To determine

Explain how the operating effectiveness of all the procedures can be determined.

c.

To determine

Describe how the auditor alter the substantive procedure if the operating effectiveness is not adequate to address the increased level of control risk.

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Answer 2

Question

Chapter 11, Problem 45P

a.

To determine

Describe the purpose of each control.

b.

To determine

Explain how the operating effectiveness of all the procedures can be determined.

c.

To determine

Describe how the auditor alter the substantive procedure if the operating effectiveness is not adequate to address the increased level of control risk.

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Answer 3

Question

Chapter 11, Problem 45P

a.

To determine

Describe the purpose of each control.

b.

To determine

Explain how the operating effectiveness of all the procedures can be determined.

c.

To determine

Describe how the auditor alter the substantive procedure if the operating effectiveness is not adequate to address the increased level of control risk.

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Answer 4

Question

Chapter 11, Problem 45P

a.

To determine

Describe the purpose of each control.

b.

To determine

Explain how the operating effectiveness of all the procedures can be determined.

c.

To determine

Describe how the auditor alter the substantive procedure if the operating effectiveness is not adequate to address the increased level of control risk.

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Answer 5

Chapter 11, Problem 45P

a.

To determine

Describe the purpose of each control.

b.

To determine

Explain how the operating effectiveness of all the procedures can be determined.

c.

To determine

Describe how the auditor alter the substantive procedure if the operating effectiveness is not adequate to address the increased level of control risk.

Answer 6

Chapter 11, Problem 45P

a.

To determine

Describe the purpose of each control.

Answer 7

Chapter 11, Problem 45P

a.

To determine

Describe the purpose of each control.

Answer 8

b.

To determine

Explain how the operating effectiveness of all the procedures can be determined.

Answer 9

b.

To determine

Explain how the operating effectiveness of all the procedures can be determined.

Answer 10

c.

To determine

Describe how the auditor alter the substantive procedure if the operating effectiveness is not adequate to address the increased level of control risk.

Answer 11

c.

To determine

Describe how the auditor alter the substantive procedure if the operating effectiveness is not adequate to address the increased level of control risk.

Answer 12

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Answer 13

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Answer 14

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Answer 15

Ch. 11 - Explain the difference between a customers order...Ch. 11 - Prob. 2RQ Ch. 11 - Prob. 3RQ Ch. 11 - State briefly the objective of the billing...Ch. 11 - Prob. 5RQ Ch. 11 - Prob. 6RQ Ch. 11 - Prob. 7RQ Ch. 11 - Prob. 8RQ Ch. 11 - Prob. 9RQ Ch. 11 - Prob. 10RQ

Describe the purpose of each control.

Solution Summary: The author explains the purpose of the internal control procedure, which is performed by auditors to test the accounting policies and procedures are in conformity with generally accepted accounting principles.

Describe the purpose of each control.

Explain how the operating effectiveness of all the procedures can be determined.

Describe how the auditor alter the substantive procedure if the operating effectiveness is not adequate to address the increased level of control risk.

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Chapter 11 Solutions