Advanced auditing Study guides, Class notes & Summaries
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WGU D251 Advanced Auditing Exam Questions With 100% Correct Answers | Verified | Latest Update 2024/2025
- Exam (elaborations) • 29 pages • 2024
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WGU D251 Advanced Auditing Exam Questions With 100% Correct Answers | Verified | Latest Update 2024/2025. An error, either intentional or unintentional, that exists in 
a transaction or financial statement account balance. 
alternative procedures - Correct Answer-Procedures used to obtain evidence about the 
existence and valuation of accounts receivable when a positive confirmation is not 
returned, including examining cash collected after the confirmation date and vouching 
unpaid invoices to ...
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WGU D251 ADVANCED AUDITING 2024 NEWEST EXAM AND PRACTICE EXAM 400 QUESTIONS WITH DETAILED VERIFIED ANSWERS (100% CORRECT) /A+ GRADE ASSURED
- Exam (elaborations) • 95 pages • 2024
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WGU D251 ADVANCED AUDITING 2024 
NEWEST EXAM AND PRACTICE EXAM 400 
QUESTIONS WITH DETAILED VERIFIED 
ANSWERS (100% CORRECT) /A+ GRADE 
ASSURED
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Final Exam: Advanced Auditing| 149 Questions and Answers 100% Accurate
- Exam (elaborations) • 30 pages • 2024
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Final Exam: Advanced Auditing| 149 Questions and Answers 100% AccurateFinal Exam: Advanced Auditing| 149 Questions and Answers 100% AccurateFinal Exam: Advanced Auditing| 149 Questions and Answers 100% AccurateFinal Exam: Advanced Auditing| 149 Questions and Answers 100% AccurateWhich of the following major stages of the audit is most closely related to variables sampling? 
a. Determining preliminary levels of performance materiality 
b. Performing tests of controls procedures 
c. Performing sub...
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WGU D251 Advanced Auditing Previous Exam Questions with 100% Correct Answers | Latest Version 2024 | Verified
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Performance Materiality is also known as _____________. - Tolerable Error 
Auditor uses Performance Materiality for ____________. - Determining significant accounts, 
locations, and audit procedures. 
Performance Materiality is what percent of Planning Materiality? - 75% 
What happens is Performance Materiality is set too high? - Auditor might not perform sufficient 
procedures to detect material misstatements. 
What happens if Performance Materiality is set too low? - Auditor might perform more...
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WGU D251 Advanced Auditing Final Exam Questions with 100% Correct Answers | Latest Version 2024 | Verified
- Exam (elaborations) • 21 pages • 2024
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The auditor's judgment concerning the overall fairness of the presentation of financial position, results 
of operations, and cash flows is applied within the framework of: 
A: quality control. 
B: generally accepted auditing standards, which include the concept of materiality. 
C: the auditor's evaluation of the audited company's internal control. 
D: the applicable financial reporting framework (i.e., GAAP in the United States). - D: the applicable 
financial reporting framework (i.e., GAAP...
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WGU D251 ADVANCED AUDITING FINAL EXAM LATEST 2024 QUESTIONS WITH CORRECT ANSWERS GRADE A+
- Exam (elaborations) • 19 pages • 2024
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WGU D251 ADVANCED AUDITING FINAL EXAM LATEST 2024 
QUESTIONS WITH CORRECT ANSWERS GRADE A+WGU D251 ADVANCED AUDITING FINAL EXAM LATEST 2024 
QUESTIONS WITH CORRECT ANSWERS GRADE A+WGU D251 ADVANCED AUDITING FINAL EXAM LATEST 2024 
QUESTIONS WITH CORRECT ANSWERS GRADE A+WGU D251 ADVANCED AUDITING FINAL EXAM LATEST 2024 
QUESTIONS WITH CORRECT ANSWERS GRADE A+WGU D251 ADVANCED AUDITING FINAL EXAM LATEST 2024 
QUESTIONS WITH CORRECT ANSWERS GRADE A+WGU D251 ADVANCED AUDITING FINAL EXAM LATEST ...
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Advanced Auditing Final Exam Questions and Answers 100% Pass
- Exam (elaborations) • 34 pages • 2023
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Advanced Auditing Final Exam Questions and Answers 100% Pass 
The auditor's judgment concerning the overall fairness of the presentation of financial position, results of operations, and cash flows is applied within the framework of: 
A: quality control. 
B: generally accepted auditing standards, which include the concept of materiality. 
C: the auditor's evaluation of the audited company's internal control. 
D: the applicable financial reporting framework (i.e., GAAP in the United States). D...
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WGU D251 - Advanced Auditing Exam Questions With 100% Correct Answers | Verified | Latest Update 2024/2025 | 26 Pages
- Exam (elaborations) • 29 pages • 2024
- Available in package deal
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WGU D251 - Advanced Auditing Exam Questions With 100% Correct Answers | Verified | Latest Update 2024/2025 | 26 Pages. misstatement - Correct Answer-An error, either intentional or unintentional, that exists in 
a transaction or financial statement account balance. 
alternative procedures - Correct Answer-Procedures used to obtain evidence about the 
existence and valuation of accounts receivable when a positive confirmation is not 
returned, including examining cash collected after the confirma...
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Final Exam: Advanced Auditing| 149 Questions & Answers 100% Verified.
- Exam (elaborations) • 30 pages • 2024
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Final Exam: Advanced Auditing| 149 Questions & Answers 100% Verified. 
 
Which of the following major stages of the audit is most closely related to variables sampling? 
a. Determining preliminary levels of performance materiality 
b. Performing tests of controls procedures 
c. Performing substantive procedures 
d. Searching for the possible occurrence of subsequent events - ANSWER-c. Performing substantive procedures 
 
Which of the following types of variables sampling plans has a tendency to...
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WGU D251 ADVANCED AUDITING FINAL EXAM | 300+ Questions with 100% Correct Answers | Updated & Verified 2023 .
- Exam (elaborations) • 18 pages • 2023
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WGU D251 ADVANCED 
AUDITING FINAL EXAM | 
300+ Questions with 100% 
Correct Answers | Updated & 
Verified 2023 . 
WGU D251 - Advanced Auditing 
2023 
1. misstatement: An error, either intentional or unintentional, that exists in a transaction or financial statement account balance. 
2. alternative procedures: Procedures used to obtain evidence about the existence 
and valuation of accounts receivable when a positive confirmation is not returned, 
including examining cash collected after the conf...
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