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TEST BANK FOR AUDITING: THE ART AND SCIENCE OF ASSURANCE ENGAGEMENTS, 15TH CANADIAN EDITION BY ALVIN ARENS, RANDAL ELDER, MARK BEASLEY, CHRIS HOGAN, JOANNE JONES. ALL CHAPTER 1-20 EXAM QUESTIONS AND 100% COMPLETE ANSWERS WITH RATIONALES VERIFIED AND WEL $31.48   Add to cart

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TEST BANK FOR AUDITING: THE ART AND SCIENCE OF ASSURANCE ENGAGEMENTS, 15TH CANADIAN EDITION BY ALVIN ARENS, RANDAL ELDER, MARK BEASLEY, CHRIS HOGAN, JOANNE JONES. ALL CHAPTER 1-20 EXAM QUESTIONS AND 100% COMPLETE ANSWERS WITH RATIONALES VERIFIED AND WEL

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TEST BANK FOR AUDITING: THE ART AND SCIENCE OF ASSURANCE ENGAGEMENTS, 15TH CANADIAN EDITION BY ALVIN ARENS, RANDAL ELDER, MARK BEASLEY, CHRIS HOGAN, JOANNE JONES. ALL CHAPTER 1-20 EXAM QUESTIONS AND 100% COMPLETE ANSWERS WITH RATIONALES VERIFIED AND WELL EXPLAINED BY EXPERTS ALREADY PASSED!!!!!!GR...

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  • September 7, 2024
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  • auditing
  • art and science
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ESCALITothethinker
TEST BANK FOR AUDITING: THE ART
AND SCIENCE OF ASSURANCE
ENGAGEMENTS, 15TH CANADIAN
EDITION BY ALVIN ARENS, RANDAL
ELDER, MARK BEASLEY, CHRIS HOGAN,
JOANNE JONES. ALL CHAPTER 1-20
EXAM QUESTIONS AND 100%
COMPLETE ANSWERS WITH
RATIONALES VERIFIED AND WELL
EXPLAINED BY EXPERTS ALREADY
PASSED!!!!!!GRADED A+ LATEST
UPDATE 2024 WITH 100% GUARANTEED
SUCCESS AFTER DOWNLOAD (ALL YOU
NEED TO PASS YOUR EXAMS

,
,
, Which of the following misstatements in the payroll cycle could be detected during the audit of payroll
transactions (but would not be discovered as part of the audit of the bank reconciliation)?



A) failure to include outstanding payroll cheques on the outstanding cheque list



B) overpayment of Receiver General payments received after the year end but recorded as cash receipts
in the current year



C) unclaimed payroll cheques recorded as a deposit near the end of the year, but reconciled as deposits
in transit



D) payment to fictitious employees that had been set up by the payroll supervisor

D



Sandra is analyzing the cash cycle of her audit client. Which of the following could indicate a liquidity
problem?



A) obsolete inventory



B) high level of inventory



C) inventory on consignment



D) backordered inventory

A



Verification of the legitimacy of year-end unpaid bonuses to officers and employees can be
accomplished by comparing the recorded accrual to the amount



A) in the expense account.

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