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Ibrahim Hammoud Questions
1381 Questions
A contingent liability is considered probable when:
Accounting
2022-07-02
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145
A disclosure of a contingent liability must be included in the footnotes to the financial statements when:
Accounting
2022-07-02
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136
The auditor must communicate several items to \"those charged with governance\" at the conclusion of the audit. Which of the following is not a typical communication?
Accounting
2022-07-02
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130
All of the following are typical audit procedures used to identify subsequent events except:
Accounting
2022-07-02
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144
In most cases, commitments :
Accounting
2022-07-02
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A lawyer's response to an auditor's inquiry concerning litigation, claims, and assessments may be limited to matters that are considered individually or collectively material to the client's financial statements. Which parties should reach an understanding on the limits of materiality for this?
Accounting
2022-07-02
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According to FASB ASC Topic 450, \"Contingencies,\" which of the following terms means that the future event is \"likely to occur\"?
Accounting
2022-07-02
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Which of the following material events occurring after the issuance of an auditor\'s report would most likely cause the auditor to make further inquiries about the previously issued financial statements to determine if they may need to be restated?
Accounting
2022-07-02
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To which of the following matters would an auditor not apply materiality limits when obtaining specific written client representations?
Accounting
2022-07-02
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According to the Public Company Accounting Oversight Board\'s (PCAOB) third auditing standard related to audit documentation and retention, an auditor should retain audit documentation for how long of a period of time beyond completion of the engagement?
Accounting
2022-07-02
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Which of the following conditions or events most likely would cause an auditor to have substantial doubt about an entity\'s ability to continue as a going concern?
Accounting
2022-07-02
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Analytical procedures performed at the overall review stage of an audit appear to indicate that several accounts have unexpected balances and/or relationships. The result of these procedures most likely would indicate that:
Accounting
2022-07-02
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With respect to the issuance of an audit report that is dual dated because of an event occurring after the date on which the auditor has obtained sufficient appropriate audit evidence but before the audit report was issued, the auditor\'s responsibility for events occurring after the completion:
Accounting
2022-07-02
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1381
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