Q:

An auditor testing long-term investments would ordinarily use substantive analytical procedures to ascertain the reasonableness of the :

belongs to book: AUDITING & ASSURANCE SERVICES | A Systematic Approach|William F.Messier, Steven M.Glover, Douglas F. Prawitt|10th Edition| Chapter number:16| Question number:16.23

Ibrahimhamm

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2022-07-02

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An auditor testing long-term investments would ordinarily use substantive analytical procedures to ascertain the reasonableness of the :

Existence of unrealized gains or losses in the portfolio.
Completeness of recorded investment income.
Classification between current and noncurrent portfolios.
Valuation of marketable equity securities.

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Ibrahimhamm

2022-07-02

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B. Completeness of recorded investment income.

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