Description : An engagement to apply agreed-upon procedure engagement may be accepted, provided a. The CPA has audited the financial statements of the client. b. The CPA is independent with respect to the client. ... involved. d. The adequacy of the procedures to be performed will be determined by the CPA.
Last Answer : The distribution of the report will be limited only to specified parties involved.
Description : In an engagement to perform agreed-upon procedures, an auditor is engaged to: a. Use accounting expertise as opposed to auditing expertise to collect, classify, and summarize financial information. b ... and the entity and any appropriate third parties have agreed and to report on factual findings
Last Answer : Carry out those procedures of an audit nature to which the auditor and the entity and any appropriate third parties have agreed and to report on factual findings
Description : The following statements relate to the three parties involved in an assurance engagement. Which is correct? a. The responsible party and the intended users should always be from different entities. b. A ... , the responsible party is the engaging party, i.e., the party that engages the practitioner
Last Answer : A responsible party is the person who is responsible for the subject matter or the subject matter information
Description : I am going to an engagement party this weekend for a couple that I don't know too well, but would really like to get something for them..any suggestions?
Last Answer : If they drink I’ve always found glassware to be appropriate. Something nice (think crystal or cut glass) but not too nice, so they can use it daily.
Description : Shopping for an engagement ring, any suggestions?
Last Answer : This article recommends Liberty Diamonds, Tiffany & Co. and Ben Bridge in that order.
Description : Mention some of the suggestions made to reform political parties. -SST 10th
Last Answer : Laws made to regulate internal politics: - It should be compulsory to maintain a register of its members. - hold independent inquiry in case of a party dispute. ... - Cash can be given on the basis of votes secured by the party in the last elections.
Description : Mention any 2 challenges faced by political parties in India. Guve 2 suggestions that can help to reform the functioning of political parties and it's members. -SST 10th
Last Answer : 'This answer was deleted by our moderators...
Description : What suggestions are often made to reform political parties? -SST 10th
Last Answer : . A law should be made to regulate the internal affairs of political parties. It should be made compulsory for political parties to maintain a register of its members, to follow its own constitution, to ... could be given in cash on the basis of votes, secured by the party in the last elections.
Description : Explain any five suggestions to reform political parties in India. -SST 10th
Last Answer : Political parties are a prominent figure in politics. They represent various ideologies and values and function in a systematic and unbiased manner. However, reform is required at every level ... by directly joining political parties can contribute towards the betterment of the nature of politics.
Description : Should the auditor uncover circumstances during the audit that may cause suspicions of management fraud, the auditor must a. Withdraw from engagement. b. Issue an adverse opinion. c. Issue a disclaimer. d. Evaluate their implications and consider the need to modify audit evidence
Last Answer : Evaluate their implications and consider the need to modify audit evidence
Description : Which of the following matters would an auditor least likely consider when setting the direction of the audit? a. The selection of the engagement team and the assignment of audit work to ... a questioning mind and to exercise professional skepticism in the gathering and evaluation of audit evidence.
Last Answer : The availability of client personnel and data
Description : Which of the following is not done during the client selection and retention phase of planning? a. Obtain and review financial information b. Consider the need for special skills c. Ensure ... resources to complete the engagement in a timely manner. d. Obtain an understanding of internal controls
Last Answer : Obtain an understanding of internal controls
Description : Professional judgment:a. Is not used in making decisions about materiality and audit risk. b. Is necessary in the evaluation of management's judgments in applying the entity's applicable financial ... made by the auditor that are not supported by the facts and circumstances of the engagement
Last Answer : Is necessary in the evaluation of management's judgments in applying the entity's applicable financial reporting framework