What methods is the auditor likely to use to verify


Question: Which of the following methods is the auditor likely to use to verify an amount in a disclosure (i.e., a note in the financial statements)? Group of answer choices Match the amount in the disclosure to the amount that has been audited as part of auditing the relevant financial statement line item (i.e., an account or a class of transactions) Since the amount is in the disclosure, the auditor is not responsible for auditing the amount. The auditor is only responsible to review the amount for reasonableness A & B None of these

 

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: What methods is the auditor likely to use to verify
Reference No:- TGS03425246

Expected delivery within 24 Hours