1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
maw [93]
2 years ago
9

Acc 450 the auditors should confirm accounts receivable unless the auditors’ assessment of the risk of material misstatement is

low:________
Social Studies
1 answer:
fomenos2 years ago
6 0

Acc 450 the auditors should confirm accounts receivable unless the auditors’ assessment of the risk of material misstatement is low "and relying on confirmations would be futile if accounts receivable were relevant."

<h3>What is material misstatement?</h3>

A major misrepresentation is material in the financial information that is sufficiently false to have an effect on someone who relies on those statements in making financial decisions.

Some characteristics of material misstatement are-

  • For instance, a major misstatement of revenue may prompt a decision to purchase stock in a company, which could result in losses for the investor if indeed the misstatement is quickly corrected and the stock price drops.
  • When management fails to correct a substantial misstatement that is discovered by an auditor, the auditor should assess the impact of the error mostly on financial statements & determine whether to revise the audit opinion.
  • Shareholders in corporations that must comply with Securities and Exchange Act in 1934, newly amended, reporting obligations are exempt from this regulation.

To know more about the material misstatement, here

brainly.com/question/13450696

#SPJ4

You might be interested in
When we listen to political speeches, we should use?
OlgaM077 [116]
Our brains to analyze the politician's changes in tone as he reads his speech while analyzing the possible multiple truths of his choice of wording for his speech. Political speeches are always written in an attempt to garner an emotional response from the listener/audience in our to prompt support toward that speaker.
5 0
3 years ago
What is the relationship between the Magna Carta and the Constitution?
QveST [7]

Answer:

One major difference between these two documents is their purposes. The Magna Carta was made to prevent the angry populous from overthrowing the king. Unlike the U.S Constitution, which was simply made to set fair laws for all people in a new country.

Explanation:

3 0
3 years ago
What is the capital of<br> Georgia?
Elza [17]
I’m pretty sure it’s Atlanta
5 0
2 years ago
Read 2 more answers
Maya finds her customer service job to be frustrating and stressful. She tells her friend Jeff about her negative experience at
Mashutka [201]

Answer:

Emotional self-regulation.

Explanation:

Emotional self-regulation can be understood in psychology as the idea of individuals voluntarily responding with a range of emotions that are healthy and socially acceptable to the demands of day to day life.

Emotional self-regulation involves the process that the person makes to regulate and control their own emotions and feelings as well as the impact that those emotions have on other people.

In this particular case, Jeff is advising Maya to self regulate her emotions, by telling her to smile while at work jeff is advising Maya to voluntarily control her emotions and see how that affects her work life.

3 0
3 years ago
Which term is defined below?
STALIN [3.7K]
<span>B. dividend
</span>Which term is defined below?<span>an investment product that gives the buyer the right to buy or sell a commodity at a set price that is not subject to market fluctuations during a specified period of time
</span>
NOT:
A. bond
C. option
<span>D. warrant</span>

4 0
3 years ago
Other questions:
  • Jack was found sleeping on a park bench. when awakened by a police officer, he could not remember who he was or where he lived.
    9·2 answers
  • A large-scale survey of 16,607 women from 42 cities around the world reports that 84% of women experience their first street har
    11·2 answers
  • What are the advantages and disadvantages of federal systems of government?
    15·1 answer
  • The city of Jerusalem was significant to Muslims because it was?
    12·2 answers
  • Subjects who can be recruited for a laboratory experiment, randomly assigned to a group, and kept under carefully controlled con
    9·1 answer
  • The system of checks and balances is best illustrated by the power of
    8·1 answer
  • Based on the way natural resources shape the industries of a region where would you mostly likely find a citrus farm?
    8·1 answer
  • Mr. Powell is demonstrating the water cycle. He shapes mountains out of clay on one end of a glass aquarium to represent land. H
    12·1 answer
  • IN QUIZ RN
    10·2 answers
  • Although some evidence suggests that the birth of Jesus may have occurred in the _, Pope Julius I chose December 25th to celebra
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!