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Exam (elaborations)

LSU ACCT 3222 Laura Wiley - Chapter 1 Exam 1 Questions With Complete Solutions

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any independent service that improves the quality of information (financial or non-financial) correct answer: Assurance Services What two other services fall under the umbrella of Assurance services? correct answer: 1. Attestation Services 2. Audit Services Name the 4 other services of Assurance services: correct answer: 1. Risk advisory services 2. Compliance with EPA standards 3. Website security 4. Data integrity independent CPA (or practitioner) reports on subject matter (usually financial related info) prepared by someone else correct answer: Attestation services Is audit an attestation service? correct answer: yes 3 services of attestation services: correct answer: 1. Examination of financial forecast 2. Review of historical FS 3. Examination of control process T/F: Attestation services only fo

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May 29, 2023
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Written in
2022/2023
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