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Auditing & Assurance Services 6th Edition by Timothy Louwers
Edition 6ISBN: 978-0077862343Auditing & Assurance Services 6th Edition by Timothy Louwers
Edition 6ISBN: 978-0077862343 Exercise 11
When auditing the existence assertion for an asset, auditors proceed from the
A) Financial statement amounts back to the potentially unrecorded items.
B) Potentially unrecorded items forward to the financial statement amounts.
C) General ledger back to the supporting original transaction documents.
D) Supporting original transaction documents to the general ledger.
A) Financial statement amounts back to the potentially unrecorded items.
B) Potentially unrecorded items forward to the financial statement amounts.
C) General ledger back to the supporting original transaction documents.
D) Supporting original transaction documents to the general ledger.
Explanation
Verified
Verified
In order to ensure the existence of an A...
Auditing & Assurance Services 6th Edition by Timothy Louwers
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