menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Auditing A Risk Based Approach
  4. Exam
    Exam 13: Auditing Long-Term Liabilities and Stockholders Equity Transactions
  5. Question
    Normally,an Auditor Can Gain an Understanding of Internal Controls by Means
Solved

Normally,an Auditor Can Gain an Understanding of Internal Controls by Means

Question 122

Question 122

True/False

Normally,an auditor can gain an understanding of internal controls by means of a walkthrough of the process,inquiry,observation,and review of the client's documentation.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q115: Which of the following will an auditor

Q116: When planning the audit related to debt,the

Q117: A bond premium/discount amortization spreadsheet can be

Q118: Existence is the most relevant assertion associated

Q119: If there were unusual or unexpected relationships,the

Q120: Using substantive procedures to test debt is

Q121: A potential fraud risk associated with debt

Q123: Which of the following is not a

Q124: Which of the following factors would be

Q125: As a starting point for testing capital

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines