Home /ACC 403 (Strayer) Week 9 :Discussion Question answer
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- Deprecated function: Optional parameter $indexes declared before required parameter $mapper_f is implicitly treated as a required parameter in include_once() (line 1442 of /home2/lpix3yg3/uoplabhelper.com/includes/bootstrap.inc).
- Deprecated function: Optional parameter $columns declared before required parameter $mapper_f is implicitly treated as a required parameter in include_once() (line 1442 of /home2/lpix3yg3/uoplabhelper.com/includes/bootstrap.inc).
- Deprecated function: Optional parameter $data declared before required parameter $qty is implicitly treated as a required parameter in include_once() (line 1442 of /home2/lpix3yg3/uoplabhelper.com/includes/bootstrap.inc).
- Deprecated function: Optional parameter $data declared before required parameter $qty is implicitly treated as a required parameter in include_once() (line 1442 of /home2/lpix3yg3/uoplabhelper.com/includes/bootstrap.inc).
- Deprecated function: Using ${var} in strings is deprecated, use {$var} instead in include_once() (line 1442 of /home2/lpix3yg3/uoplabhelper.com/includes/bootstrap.inc).
- Deprecated function: Optional parameter $indexes declared before required parameter $mapper_f is implicitly treated as a required parameter in include_once() (line 1442 of /home2/lpix3yg3/uoplabhelper.com/includes/bootstrap.inc).
- Deprecated function: Optional parameter $columns declared before required parameter $mapper_f is implicitly treated as a required parameter in include_once() (line 1442 of /home2/lpix3yg3/uoplabhelper.com/includes/bootstrap.inc).
- Deprecated function: Optional parameter $data declared before required parameter $qty is implicitly treated as a required parameter in include_once() (line 1442 of /home2/lpix3yg3/uoplabhelper.com/includes/bootstrap.inc).
- Deprecated function: Optional parameter $data declared before required parameter $qty is implicitly treated as a required parameter in include_once() (line 1442 of /home2/lpix3yg3/uoplabhelper.com/includes/bootstrap.inc).
- Deprecated function: Using ${var} in strings is deprecated, use {$var} instead in include_once() (line 1442 of /home2/lpix3yg3/uoplabhelper.com/includes/bootstrap.inc).
ACC 403 (Strayer) Week 9 :Discussion Question answer
Description
"Testing Methods"
Please respond to the following: • According to the text, to minimize the risk of material misstatement, auditors seek third- party verification of account balances by mailing customers their statements. Discuss the advantages of positive and negative confirmations, and ascertain whether or not email and oral confirmations are acceptable to increase customer response rates. Support your position. • Discuss the difference between substantive test of transactions and substantive test of balances, and identify at least two (2) situations when an auditor should test account balances. Support your rationale with related examples of such circumstances.
