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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 43
Which of the following audit procedures would not likely be performed for audits of investments?
A) Read board of directors' minutes for authorization of investment strategies.
B) Confirm investments with registrar.
C) Confirm investments with broker or trustee.
D) Compare valuation to published market prices.
A) Read board of directors' minutes for authorization of investment strategies.
B) Confirm investments with registrar.
C) Confirm investments with broker or trustee.
D) Compare valuation to published market prices.
Explanation
Verified
Verified
The correct Answer is d.While auditing f...
Auditing & Assurance Services 6th Edition by Timothy Louwers
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