Auditor provides his opinion on the basis of the conclusion drawn from the audit evidences obtained during the process of the audit. Some audit evidences are received from the third party and some from the management. Management representation letter is also a kind of the evidence for the auditor. To choose: The procedure that an auditor would use to verify management’s assertion of completeness.

Question

Want to see the full answer?

Answer 1

Question

Chapter 5, Problem 5.17MCQ

To determine

Concept Introduction:Auditor provides his opinion on the basis of the conclusion drawn from the audit evidences obtained during the process of the audit. Some audit evidences are received from the third party and some from the management. Management representation letter is also a kind of the evidence for the auditor.

To choose: The procedure that an auditor would use to verify management’s assertion of completeness.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Students have asked these similar questions

Please don't use hand rating

"Dividend paying stocks cannot be growth stocks" Do you agree or disagree? Discuss choosing two stocks to help justify your view.

Answer 2

Question

Chapter 5, Problem 5.17MCQ

To determine

Concept Introduction:Auditor provides his opinion on the basis of the conclusion drawn from the audit evidences obtained during the process of the audit. Some audit evidences are received from the third party and some from the management. Management representation letter is also a kind of the evidence for the auditor.

To choose: The procedure that an auditor would use to verify management’s assertion of completeness.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 3

Question

Chapter 5, Problem 5.17MCQ

To determine

Concept Introduction:Auditor provides his opinion on the basis of the conclusion drawn from the audit evidences obtained during the process of the audit. Some audit evidences are received from the third party and some from the management. Management representation letter is also a kind of the evidence for the auditor.

To choose: The procedure that an auditor would use to verify management’s assertion of completeness.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 4

Question

Chapter 5, Problem 5.17MCQ

To determine

Concept Introduction:Auditor provides his opinion on the basis of the conclusion drawn from the audit evidences obtained during the process of the audit. Some audit evidences are received from the third party and some from the management. Management representation letter is also a kind of the evidence for the auditor.

To choose: The procedure that an auditor would use to verify management’s assertion of completeness.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 5

Chapter 5, Problem 5.17MCQ

To determine

Concept Introduction:Auditor provides his opinion on the basis of the conclusion drawn from the audit evidences obtained during the process of the audit. Some audit evidences are received from the third party and some from the management. Management representation letter is also a kind of the evidence for the auditor.

To choose: The procedure that an auditor would use to verify management’s assertion of completeness.

Answer 6

Chapter 5, Problem 5.17MCQ

To determine

Concept Introduction:Auditor provides his opinion on the basis of the conclusion drawn from the audit evidences obtained during the process of the audit. Some audit evidences are received from the third party and some from the management. Management representation letter is also a kind of the evidence for the auditor.

To choose: The procedure that an auditor would use to verify management’s assertion of completeness.

Answer 7

Chapter 5, Problem 5.17MCQ

To determine

Concept Introduction:Auditor provides his opinion on the basis of the conclusion drawn from the audit evidences obtained during the process of the audit. Some audit evidences are received from the third party and some from the management. Management representation letter is also a kind of the evidence for the auditor.

To choose: The procedure that an auditor would use to verify management’s assertion of completeness.

Answer 8

Expert Solution & Answer

Answer 9

Expert Solution & Answer

Answer 10

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 11

Ch. 5 - Prob. 5.1RQ Ch. 5 - Prob. 5.2RQ Ch. 5 - Prob. 5.3RQ Ch. 5 - Prob. 5.4RQ Ch. 5 - Prob. 5.5RQ Ch. 5 - Prob. 5.6RQ Ch. 5 - Prob. 5.7RQ Ch. 5 - Prob. 5.8RQ Ch. 5 - Prob. 5.9RQ Ch. 5 - Prob. 5.10RQ

Solution Summary: The author explains the procedure that an auditor would use to verify the management's assertion of completeness.

Videos

Want to see the full answer?

Chapter 5 Solutions