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Sytrayer ACC 403 Week 1 Complete

Sytrayer ACC 403 Week 1 Complete
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Discussions And Quiz

Strayer ACC403 Week 1 Discussions

Week 1 diss
“Auditor’s Role and Responsibilities” Please respond to the following:

Compare the primary auditor objectives in auditing historical financial statements to auditing internal controls over financial reporting. Identify at least two (2) objectives that are the most significant in reducing the risk of reporting errors or misstatements in financial statements. Provide a rationale for your response.
Create a scenario where it would be acceptable for an external auditor to accept an audit engagement without having knowledge of a client’s business environment. Ascertain the key legal ramifications and risk mitigation strategies associated with an auditor performing the audit. Support your position.

Strayer ACC 403 Week 1 Quiz

quiz 1

Question 1
2 out of 2 points
Correct
In “auditing” financial accounting data, the primary concern is with:
Question 2
2 out of 2 points
Correct
The Sarbanes-Oxley Act applies to which of the following companiesQuestion 3
2 out of 2 points
Correct
Which of the following is not a SysTrust Services principle as defined by the AICPAQuestion 4
2 out of 2 points
Correct
Which of the following services provides the lowest level of assurance on a financial statementQuestion 5
2 out of 2 points
Correct
An accountant:
Question 6
2 out of 2 points
Correct
Recording, classifying, and summarizing economic events in a logical manner for the purpose of providing financial information for decision making is commonly called:
Question 7
0 out of 2 points
Incorrect
Any service that requires a CPA firm to issue a report about the reliability of an assertion that is…

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