A positive confirmation is representing a higher quality of evidence in compare to a negative confirmation, as the auditor receives explicit evidence from the third party. To state: the auditor should perform forpositive confirmations of follow-up work

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Financial accounting questions

Answer 1

Question

Chapter 9, Problem 64RSCQ

a

To determine

Introduction:

A positive confirmation is representing a higher quality of evidence in compare to a negative confirmation, as the auditor receives explicit evidence from the third party.

To state:the auditor should perform forpositive confirmations of follow-up work

b

To determine

Introduction:A confirmation is a letter sent by an auditor to the customers of a client. To verify the payable and receivable balances associated with the customers in the client's financial records, it is followed.

To ascertain: the auditor should perform fornegative confirmations of follow-up work

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Answer 2

Question

Chapter 9, Problem 64RSCQ

a

To determine

Introduction:

A positive confirmation is representing a higher quality of evidence in compare to a negative confirmation, as the auditor receives explicit evidence from the third party.

To state:the auditor should perform forpositive confirmations of follow-up work

b

To determine

Introduction:A confirmation is a letter sent by an auditor to the customers of a client. To verify the payable and receivable balances associated with the customers in the client's financial records, it is followed.

To ascertain: the auditor should perform fornegative confirmations of follow-up work

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Answer 3

Question

Chapter 9, Problem 64RSCQ

a

To determine

Introduction:

A positive confirmation is representing a higher quality of evidence in compare to a negative confirmation, as the auditor receives explicit evidence from the third party.

To state:the auditor should perform forpositive confirmations of follow-up work

b

To determine

Introduction:A confirmation is a letter sent by an auditor to the customers of a client. To verify the payable and receivable balances associated with the customers in the client's financial records, it is followed.

To ascertain: the auditor should perform fornegative confirmations of follow-up work

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Answer 4

Question

Chapter 9, Problem 64RSCQ

a

To determine

Introduction:

A positive confirmation is representing a higher quality of evidence in compare to a negative confirmation, as the auditor receives explicit evidence from the third party.

To state:the auditor should perform forpositive confirmations of follow-up work

b

To determine

Introduction:A confirmation is a letter sent by an auditor to the customers of a client. To verify the payable and receivable balances associated with the customers in the client's financial records, it is followed.

To ascertain: the auditor should perform fornegative confirmations of follow-up work

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Answer 5

Chapter 9, Problem 64RSCQ

a

To determine

Introduction:

A positive confirmation is representing a higher quality of evidence in compare to a negative confirmation, as the auditor receives explicit evidence from the third party.

To state:the auditor should perform forpositive confirmations of follow-up work

b

To determine

Introduction:A confirmation is a letter sent by an auditor to the customers of a client. To verify the payable and receivable balances associated with the customers in the client's financial records, it is followed.

To ascertain: the auditor should perform fornegative confirmations of follow-up work

Answer 6

Chapter 9, Problem 64RSCQ

a

To determine

Introduction:

A positive confirmation is representing a higher quality of evidence in compare to a negative confirmation, as the auditor receives explicit evidence from the third party.

To state:the auditor should perform forpositive confirmations of follow-up work

Answer 7

Chapter 9, Problem 64RSCQ

a

To determine

Introduction:

A positive confirmation is representing a higher quality of evidence in compare to a negative confirmation, as the auditor receives explicit evidence from the third party.

To state:the auditor should perform forpositive confirmations of follow-up work

Answer 8

b

To determine

Introduction:A confirmation is a letter sent by an auditor to the customers of a client. To verify the payable and receivable balances associated with the customers in the client's financial records, it is followed.

To ascertain: the auditor should perform fornegative confirmations of follow-up work

Answer 9

b

To determine

Introduction:A confirmation is a letter sent by an auditor to the customers of a client. To verify the payable and receivable balances associated with the customers in the client's financial records, it is followed.

To ascertain: the auditor should perform fornegative confirmations of follow-up work

Answer 10

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Ch. 9 - Prob. 1TFQ Ch. 9 - Prob. 2TFQ Ch. 9 - Prob. 3TFQ Ch. 9 - Prob. 4TFQ Ch. 9 - Prob. 5TFQ Ch. 9 - Prob. 6TFQ Ch. 9 - Prob. 7TFQ Ch. 9 - Prob. 8TFQ Ch. 9 - Prob. 9TFQ Ch. 9 - Prob. 10TFQ

A positive confirmation is representing a higher quality of evidence in compare to a negative confirmation, as the auditor receives explicit evidence from the third party. To state: the auditor should perform forpositive confirmations of follow-up work

Solution Summary: The author explains that a positive confirmation shows higher quality of evidence, compared to the negative confirmation, as the auditor receives explicit evidence from the third party.

Introduction:

A positive confirmation is representing a higher quality of evidence in compare to a negative confirmation, as the auditor receives explicit evidence from the third party.

To state:the auditor should perform forpositive confirmations of follow-up work

Chapter 9 Solutions

A positive confirmation is representing a higher quality of evidence in compare to a negative confirmation, as the auditor receives explicit evidence from the third party. To state: the auditor should perform forpositive confirmations of follow-up work

Solution Summary: The author explains that a positive confirmation shows higher quality of evidence, compared to the negative confirmation, as the auditor receives explicit evidence from the third party.

Introduction: A positive confirmation is representing a higher quality of evidence in compare to a negative confirmation, as the auditor receives explicit evidence from the third party. To state:the auditor should perform forpositive confirmations of follow-up work

Chapter 9 Solutions

Introduction:

A positive confirmation is representing a higher quality of evidence in compare to a negative confirmation, as the auditor receives explicit evidence from the third party.

To state:the auditor should perform forpositive confirmations of follow-up work