Auditing and Assurance Services, Student Value Edition (16th Edition)
Auditing and Assurance Services, Student Value Edition (16th Edition)
16th Edition
ISBN: 9780134075754
Author: Alvin A. Arens, Randal J. Elder, Mark S. Beasley, Chris E. Hogan
Publisher: PEARSON
Question
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Chapter 19, Problem 24DQP

a.

To determine

Explain a possible liability that can be uncovered from minutes of the board of director’s meeting and also the audit procedure to uncover it

b.

To determine

Explain a possible liability that can be uncovered from land and building and also the audit procedure to uncover it

c.

To determine

Explain a possible liability that can be uncovered from Rent expenses and also the audit procedure to uncover it.

d.

To determine

Explain a possible liability that can be uncovered from Interest expenses and also the audit procedure to uncover it.

e.

To determine

Explain a possible liability that can be uncovered from Cash surrender value of life insurance and also the audit procedure to uncover it.

f.

To determine

Explain a possible liability that can be uncovered from Cash in Bank and also the audit procedure to uncover it.

g.

To determine

Explain a possible liability that can be uncovered from officer’s travel and entertainment expense and also the audit procedure to uncover it.

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