Indicate the control test deviation, a monetary misstatement or both.

Question

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Answer 1

Question

Chapter 18, Problem 4DQP

a.

To determine

Indicate the control test deviation, a monetary misstatement or both.

b.

To determine

Indicate transaction related audit objective.

c.

To determine

Indicate the importance of audit for each of this exception.

d.

To determine

Indicate the follow up procedures used to determine more about the nature of each exception.

e.

To determine

Indicate the affect of these exceptions on rest of the audit.

f.

To determine

Indicate the internal control that should have prevented each misstatement.

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Answer 2

Question

Chapter 18, Problem 4DQP

a.

To determine

Indicate the control test deviation, a monetary misstatement or both.

b.

To determine

Indicate transaction related audit objective.

c.

To determine

Indicate the importance of audit for each of this exception.

d.

To determine

Indicate the follow up procedures used to determine more about the nature of each exception.

e.

To determine

Indicate the affect of these exceptions on rest of the audit.

f.

To determine

Indicate the internal control that should have prevented each misstatement.

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Answer 3

Question

Chapter 18, Problem 4DQP

a.

To determine

Indicate the control test deviation, a monetary misstatement or both.

b.

To determine

Indicate transaction related audit objective.

c.

To determine

Indicate the importance of audit for each of this exception.

d.

To determine

Indicate the follow up procedures used to determine more about the nature of each exception.

e.

To determine

Indicate the affect of these exceptions on rest of the audit.

f.

To determine

Indicate the internal control that should have prevented each misstatement.

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Answer 4

Question

Chapter 18, Problem 4DQP

a.

To determine

Indicate the control test deviation, a monetary misstatement or both.

b.

To determine

Indicate transaction related audit objective.

c.

To determine

Indicate the importance of audit for each of this exception.

d.

To determine

Indicate the follow up procedures used to determine more about the nature of each exception.

e.

To determine

Indicate the affect of these exceptions on rest of the audit.

f.

To determine

Indicate the internal control that should have prevented each misstatement.

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Answer 5

Chapter 18, Problem 4DQP

a.

To determine

Indicate the control test deviation, a monetary misstatement or both.

b.

To determine

Indicate transaction related audit objective.

c.

To determine

Indicate the importance of audit for each of this exception.

d.

To determine

Indicate the follow up procedures used to determine more about the nature of each exception.

e.

To determine

Indicate the affect of these exceptions on rest of the audit.

f.

To determine

Indicate the internal control that should have prevented each misstatement.

Answer 6

Chapter 18, Problem 4DQP

a.

To determine

Indicate the control test deviation, a monetary misstatement or both.

Answer 7

Chapter 18, Problem 4DQP

a.

To determine

Indicate the control test deviation, a monetary misstatement or both.

Answer 8

b.

To determine

Indicate transaction related audit objective.

Answer 9

b.

To determine

Indicate transaction related audit objective.

Answer 10

c.

To determine

Indicate the importance of audit for each of this exception.

Answer 11

c.

To determine

Indicate the importance of audit for each of this exception.

Answer 12

d.

To determine

Indicate the follow up procedures used to determine more about the nature of each exception.

Answer 13

d.

To determine

Indicate the follow up procedures used to determine more about the nature of each exception.

Answer 14

e.

To determine

Indicate the affect of these exceptions on rest of the audit.

Answer 15

e.

To determine

Indicate the affect of these exceptions on rest of the audit.

Answer 16

f.

To determine

Indicate the internal control that should have prevented each misstatement.

Answer 17

f.

To determine

Indicate the internal control that should have prevented each misstatement.

Answer 18

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Answer 19

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Answer 20

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Answer 21

Ch. 18 - List five asset accounts, three liability...Ch. 18 - Prob. 2DQP Ch. 18 - Prob. 3DQP Ch. 18 - Prob. 4DQP Ch. 18 - Prob. 5DQP Ch. 18 - Prob. 6DQP Ch. 18 - Prob. 7DQP Ch. 18 - Prob. 8DQP Ch. 18 - Prob. 9DQP Ch. 18 - Prob. 10DQP

Indicate the control test deviation, a monetary misstatement or both.

Solution Summary: The author explains the classification of control test deviation, a monetary misstatement, and the importance of audit for each exception.

Concept explainers

Indicate the control test deviation, a monetary misstatement or both.

Indicate transaction related audit objective.

Indicate the importance of audit for each of this exception.

Indicate the follow up procedures used to determine more about the nature of each exception.

Indicate the affect of these exceptions on rest of the audit.

Indicate the internal control that should have prevented each misstatement.

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Chapter 18 Solutions