AC 410 AC/410 AC410 Unit 3 Homework
Assignment
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5–36
Comment on the reliability of each of the
following examples of audit evidence. Arrange your answer in the form of a
separate paragraph for each item. Explain fully the reasoning employed in
judging the reliability of each item.
5-49
Audit risk should be considered when
planning and performing an audit of financial statements in accordance with
generally accepted auditing standards.
6–25
Mary Deming has been asked to accept an
engagement to audit a small financial institution. Deming has not previously
audited a financial institution.
6–26
Assume that you have been assigned to the
audit of Lockyer Manufacturing Company. You have completed the procedures for
gathering information about the company and its environment, including internal
control.
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