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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 30
Which of the following procedures would a CPA most likely perform in planning a financial statement audit?
A) Make inquiries of the client's lawyer concerning pending litigation.
B) Perform cutoff tests of cash receipts and disbursements.
C) Compare financial information with nonfinancial operating data.
D) Recalculate the prior-years' accruals and deferrals.
A) Make inquiries of the client's lawyer concerning pending litigation.
B) Perform cutoff tests of cash receipts and disbursements.
C) Compare financial information with nonfinancial operating data.
D) Recalculate the prior-years' accruals and deferrals.
Explanation
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The correct answer is c. because the ana...
Auditing & Assurance Services 6th Edition by Timothy Louwers
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