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In conducting a search for unrecorded liabilities, the auditor should do all the following except

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In conducting a search for unrecorded liabilities, the auditor should do all the following except

In conducting a search for unrecorded liabilities, the auditor should do all the following except

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In conducting a search for unrecorded liabilities, the auditor should do all the following except
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In conducting a search for unrecorded liabilities, the auditor should do all the following except
Chapter 9
In conducting a search for unrecorded liabilities, the auditor should do all the following except
Multiple choice questions

 
Try the following questions to test your knowledge of this chapter. Once you have answered the questions, click on 'Submit Answers for Grading' to get your results. This activity contains 20 questions.

In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except

That transactions and events have been recorded in the correct accounting period is what management assertion?

In conducting a search for unrecorded liabilities, the auditor should do all the following except
 
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
 
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except

Which of the following matters is not ordinarily included in a management representation letter?

In conducting a search for unrecorded liabilities, the auditor should do all the following except
 
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except

The valuation assertion means:

In conducting a search for unrecorded liabilities, the auditor should do all the following except
 
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except

Which or the following characteristics is not a measure of the appropriateness of audit evidence?

In conducting a search for unrecorded liabilities, the auditor should do all the following except
 
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except

Which of the following is an audit standard of proof?

In conducting a search for unrecorded liabilities, the auditor should do all the following except
 
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except

If the auditor has determined that an assessed risk of material misstatement at the assertion level is a significant risk, the auditor should:

In conducting a search for unrecorded liabilities, the auditor should do all the following except
 
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except

What is characteristic of performing substantive procedures at an interim date?

In conducting a search for unrecorded liabilities, the auditor should do all the following except
 
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except

The most reliable form of audit evidence is:

In conducting a search for unrecorded liabilities, the auditor should do all the following except
 
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except

The following is a characteristic of tests of balances:

In conducting a search for unrecorded liabilities, the auditor should do all the following except
 
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except

Which of the following statements is not true of the search for unrecorded liabilities?

In conducting a search for unrecorded liabilities, the auditor should do all the following except
 
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except

ISA 330 states that the objective of the auditor is to obtain ___________ regarding the ___________, through designing and implementing appropriate responses to those risks.

In conducting a search for unrecorded liabilities, the auditor should do all the following except
 
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except

The nature of an audit procedure refers to:

In conducting a search for unrecorded liabilities, the auditor should do all the following except
 
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except

Which of the following is not an overall response to address the assessed risks of material misstatement?

In conducting a search for unrecorded liabilities, the auditor should do all the following except
 
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except

The auditor may respond to an ineffective control environment by:

In conducting a search for unrecorded liabilities, the auditor should do all the following except
 
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except

Which of the following is not true of tests of controls?

In conducting a search for unrecorded liabilities, the auditor should do all the following except
 
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except

In designing and performing tests of controls, the auditor must do all the following except:

In conducting a search for unrecorded liabilities, the auditor should do all the following except
 
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except

Which of the following statements about substantive procedures is not true?

In conducting a search for unrecorded liabilities, the auditor should do all the following except
 
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except

In conducting a search for unrecorded liabilities, the auditor should do all the following except

Unlike legal evidence, audit evidence does not have to be _________ to be useful. Ordinarily, the auditor finds it necessary to rely on audit evidence that is persuasive rather than _________ and will often seek audit evidence from different sources or of a different nature to support the same assertion. What is the proper one word (or phrase) for both blanks?
In conducting a search for unrecorded liabilities, the auditor should do all the following except
 
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except

Which of the following is not true of audit evidence obtained from previous audits?

In conducting a search for unrecorded liabilities, the auditor should do all the following except
 
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except
In conducting a search for unrecorded liabilities, the auditor should do all the following except

Answer choices in this exercise appear in a different order each time the page is loaded.

Which of the following procedures would help auditors search for unrecorded liabilities?

Choice “C” is correct. The auditor is able to detect liabilities not recorded at year-end by comparing cash payments made after the balance sheet date to the related receiving reports and vendor invoices; any payments made on transactions dated before year-end reflect a liability that should have been recorded.

How do you search for unrecorded liabilities?

Search for Unrecorded Liabilities Examples Select a sample of payment transactions after year-end. Examine the selected payments with the supporting documents (e.g. suppliers' invoices) to determine whether the liabilities were at the balance sheet date. Inquire the related personnel about any unrecorded invoices.

Which of the following is the best audit procedure for the detection of unrecorded liabilities?

Which of the following is the most efficient audit procedure for the detection of unrecorded liabilities? Compare cash disbursements in the subsequent period with the accounts payable trial balance at year-end.

When searching for unrecorded liabilities at year end an auditor most likely would examine?

Terms in this set (30) In searching for unrecorded liabilities, an auditor most likely would examine the: - Files of purchase requisitions for items ordered just before the year end.

conducting search unrecorded liabilities auditor

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