AICPA: BB Legal
AICPA: FN Research
Accessibility: Keyboard Navigation
Blooms: Remember
Difficulty: 3 Hard
Learning Objective: 01-03 Describe and define the assertions that management makes about the recognition; measurement; presentation; and disclosure of the financial statements and explain why auditors use them as the focal point of the audit.
Source: AICPA
Topic: Management's Financial Statement Assertions
| 11. | A practitioner is engaged to express an opinion on management's assertion that the square footage of a warehouse offered for sale is 150,000 square feet. The practitioner should refer to which of the following sources for professional guidance?
|
| AACSB: Analytic AICPA: BB Legal AICPA: FN Research Accessibility: Keyboard Navigation Blooms: Remember Difficulty: 3 Hard Learning Objective: 01-02 Define and contrast financial statement auditing; attestation; and assurance services. Source: AICPA Topic: Auditing, Attestation, and Assurance Services |
| 12. | In auditing the long term debt account, an auditor's procedures most likely would focus primarily on management's assertion of
|
| AACSB: Analytic AICPA: BB Legal AICPA: FN Research Accessibility: Keyboard Navigation Blooms: Remember Difficulty: 2 Medium Learning Objective: 01-03 Describe and define the assertions that management makes about the recognition; measurement; presentation; and disclosure of the financial statements and explain why auditors use them as the focal point of the audit. 上一篇：Macroeconomics 5th Edition by Charles I. Jones Test bank 下一篇：Financial Reporting 4th Edition by Janice Loftus Test bank 精选图文热门排序推荐文章 |