Friday, January 13, 2012

::: vuaskari.com ::: acc311 answer required

acc311 answer required with logics

which of the following is not included in the category of cash?
(a)Deposit with banks
(b)Checks
(c)Postdated checks
(d)Money orders

Which of the following letter should be included in the letter of representation?
(a)Existence of immaterial mistake in the statements
(b)Existence of any fraud or any error in the statement
(c)Company's growth trend in the future in figures
(d)Market value of the company's stock


For measuring the quality of audit evidence auditors used the tool of appropriateness; in case if auditor wants to measure quantity of audit evidence which tools from the following should be adopted?
(a)Relevance
(b)Reliability
(c)Sufficiency
(d)Effectiveness

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