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Lena [83]
1 year ago
9

Auditors are required to communicate with the audit committee for all but which of the following: Group of answer choices Critic

al accounting practices and policies Significant unusual transactions Significant accounting policies and practices The procedures followed by the auditor in evaluating evidence
Business
1 answer:
Margaret [11]1 year ago
5 0

Auditors would comunicate with the audit committee for critical accounting practices including the significant accounting policies and practices for evaluating certain evidences related to the transaction.

   

Some of the other communications made to audit committee should be an overall audit strategy with time of the audit and significant risks involved for assessing risks and procedures regarding the transaction.

Auditors are required to solve the financial accounting problems and are not accountable for unusual insignificant transactions and procedures and policies.

To learn more about auditors and committee here,

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<u>Explanation:</u>

Business environment refers to the factors pertaining to internal or external to the organisation that affects the working of the organisation. The environment provides threats and challenges for the business organisations. So the business organisations should know about their environment to smoothly function the business activities.

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When the amount of insurance written in a property policy is not subject to any coinsurance provision and that amount is paid in the event of a covered loss, the coverage is said to be written as stated amount.

<h3>What is stated amount?</h3>

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The stated amount is given for insurance to show the worth of a property that is insured.

Insurance helps to prevent total loss on a property incase of some unforeseen circumstance.

Therefore, When the amount of insurance written in a property policy is not subject to any coinsurance provision and that amount is paid in the event of a covered loss, the coverage is said to be written as stated amount.

Learn more on stated amount below

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4 0
1 year ago
Which of the following is SIQ most likely to
vaieri [72.5K]
The answer: is E
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Why is the implementation of projects important to strategic planning and the project manager?
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Answer and explanation:

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