ACCT 3222
Louisiana State University
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Examen
ACCT 3222-3, Wiley, LSU, Exam 1| 270 QUESTIONS| WITH COMPLETE SOLUTIONS
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--150mayo 20232022/2023A+
- Audit Services correct answer: services by an independent CPA that provide financial statement users with (1) an opinion on whether the financial statements are presented fairly, in all material respects, in accordance with an applicable financial reporting framework and (2) an opinion on the effectiveness of ICFR, which enhance the degree of confidence that intended users can place in the financial statements 
 
Attestation Services correct answer: Services performed when an independent pract...
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Examen
ACCT 3222 EXAM 2 PRACTICE TEST QUESTIONS WITH COMPLETE SOLUTIONS
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---14mayo 20232022/2023A+
- 1. The risk that the auditor expresses an inappropriate audit opinion when the financial 
statements are materially misstated is referred to as 
a. Inherent risk 
b. Audit risk 
c. Engagement risk 
d. Detection risk 
2. Which of the following relates to the sufficiency of audit evidence? 
a. The auditor reviewed vendor invoices to support a sample of purchases rather 
than rely exclusively on the client’s receiving reports. 
b. When no exceptions were discovered in a preliminary sample, the au...
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