e Oui2: Lesson 13-Key Te cregg Study l Guided 5 × (5) Avengers Infinity Wal × N

Question

e Oui2: Lesson 13-Key Te cregg Study l Guided 5 × (5) Avengers Infinity Wal × N Travian sa3 C Secure I https://uvuinstructure.comcourses/431 3/2/quizzes/86/116/tak.e 2 Minutes, 24 Seconds McGraw-Hill Connect LVU DQuestion 1 0.25 pts Syllabus An internal review of the financial statements and audit report by a CPA firm partner to ensure the audit was properly conducted and an appropriate report issued. Get Help Account Success Strategies and Policies UVU Library Courses Exam Proctoring DQuestion 2 0.25 pts 28 Groups A letter from the auditor to management making recommendations to the client based on observations during the audit. Inbox Help Question 3 0.25 pts A letter that corroborates oral representations made to the auditor hy management and documents the continued appropriateness of such representations. 8:37 PM O Type here to search

Explanation / Answer

1. An internal review of the financial statements and audit report by a CPA firm partner to ensure the audit was properly conducted and an appropriate report issued:-

Engagement quality review

2. A letter from the auditor to management making recommendations to the client based on observations during the audit:-

Management letter

3. A letter that corroborates oral representations made to the auditor by management and documents the continued appropriateness of such representations:-

Representation letter

4. An existing condition, situation, or set of circumstances involving uncertainty as to possible loss to an entity that will ultimately be resolved when some future event occurs or fails to occur:-

Contingent liability

5. The auditor’s record of the work performed and the conclusions reached on the audit:-

Working papers

6. Evaluation of financial information made through analysis of palusible relationships among both financial and nonfiancial data:-

Analytical procedures

7. An audit inquiry sent to the client's attorney in order to obtain or corroborate information about litigation, claims, and assessments:-

Legal Letter

8.

Dual dating

9.

Subsequent event.

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