AUDITING+ASSURANCE SERVICES (LL)
11th Edition
ISBN: 9781266448119
Author: MESSIER
Publisher: MCG
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Chapter 9, Problem 9.22P
a
To determine
Introduction:
Monetary Unit Sampling (MUS): It is a method used to gauge the amount of misstatement in financials. MUS helps auditors to overcome difficulties in other sampling systems. MUS is normally used for testing accounts related to monetary assets.
The
b
To determine
Introduction:
Monetary Unit Sampling (MUS): It is a method used to gauge the amount of misstatement in financials. MUS helps auditors to overcome difficulties in other sampling systems. MUS is normally used for testing accounts related to monetary assets.
The Upper misstatement limit UML for the following misstatements.
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all frauds involve key elements. Identify and describe usingexamples the elements of fraud
Solve for maturity value, discount period, bank discount, and proceeds. Assume a bank discount rate of 9%. Use the ordinary interest method. (Use Days in a year table.)
Note: Do not round intermediate calculations. Round your final answers to the nearest cent.
face value(principal) $50000rate interest:11%length of note: 95 days
maturity value: ?date of note: june 10date note discounted: July 18discount period:?bank discount:?proceeds:?
What are the different types of audits and different types of auditors?
WHat is an example of each type of audit?
What is the significance of each from the perspective of different stakeholders?
Chapter 9 Solutions
AUDITING+ASSURANCE SERVICES (LL)
Ch. 9 - Prob. 9.1RQCh. 9 - Prob. 9.2RQCh. 9 - Prob. 9.3RQCh. 9 - Prob. 9.4RQCh. 9 - Prob. 9.5RQCh. 9 - Prob. 9.6RQCh. 9 - Prob. 9.7RQCh. 9 - Prob. 9.8RQCh. 9 - Prob. 9.9RQCh. 9 - Prob. 9.10RQ
Ch. 9 - Prob. 9.11MCQCh. 9 - Prob. 9.12MCQCh. 9 - Prob. 9.13MCQCh. 9 - Prob. 9.14MCQCh. 9 - Prob. 9.15MCQCh. 9 - Prob. 9.16MCQCh. 9 - Prob. 9.17MCQCh. 9 - Prob. 9.18MCQCh. 9 - Prob. 9.19MCQCh. 9 - Prob. 9.20MCQCh. 9 - Prob. 9.21PCh. 9 - Prob. 9.22PCh. 9 - Prob. 9.23PCh. 9 - Prob. 9.24PCh. 9 - Prob. 9.25PCh. 9 - Prob. 9.26P
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