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ACCT 555 DeVry Week 4 Homework

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ACCT 555 DeVry Week 4 Homework

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ACCT 555 DeVry Week 4 Homework

9-22 (Objectives 9-1, 9-2) The following questions deal with materiality. Choose the best response.

9-23 (Objectives 9-6, 9-8) The following questions concern audit risk. Choose the best response.

·         Some account balances, such as those for pensions and leases, are the result of complex calculations. The susceptibility to material misstatements in these types of accounts is defined as

9-24 (Objective 9-9) The following questions deal with audit risk and evidence. Choose the best response.

10-30 (Objectives 10-1, 10-2, 10-7) The following are general questions about internal control. Choose the best response.

·         When considering internal control, an auditor must be aware of the concept of reasonable assurance, which recognizes that the