Questions from Auditing and Assurance


Q: How should one research government accounting?

How should one research government accounting?

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Q: Conduct an Internet search about the Audit Analytics database. Give an

Conduct an Internet search about the Audit Analytics database. Give an example of how one can use the potential analysis through this database.

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Q: Besides going to review sites such as Yelp, how should one

Besides going to review sites such as Yelp, how should one research whether a local construction company is reliable to remodel one’s house?

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Q: Where are financial ratios found in the LexisNexis databases: Lexis Advance

Where are financial ratios found in the LexisNexis databases: Lexis Advance® or Nexis Uni™?

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Q: Tony Computer Services Corporation trades 50% of its common stock for

Tony Computer Services Corporation trades 50% of its common stock for the rights to certain computer programs of the Janet Corporation. Janet previously expensed such costs of developing these comput...

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Q: Young & Co., CPAs is auditing Express Inc. for the

Young & Co., CPAs is auditing Express Inc. for the current year. Express Inc. has thousands of purchase orders each month. The CFO in discussion with the auditors raised the concern whether certain em...

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Q: Springer & Jones, CPAs, LLP, is currently auditing Worldwide

Springer & Jones, CPAs, LLP, is currently auditing Worldwide Electronics Inc. that manufactures electronic equipment utilized around the world. The audit client purchases in bulk large quantities of v...

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Q: Identify five tax planning concepts.

Identify five tax planning concepts.

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Q: Define an attest engagement. Is an audit engagement an attest service

Define an attest engagement. Is an audit engagement an attest service?

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Q: Explain two ways to collect evidence.

Explain two ways to collect evidence.

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