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dusya [7]
1 year ago
13

examination of supporting evidence, inquiries of independent persons, and evaluating evidence obtained from other auditing proce

dures are all examples of
Business
1 answer:
pav-90 [236]1 year ago
6 0

Common corroborating procedures include examination of supporting evidence, inquiries of independent persons, and evaluating evidence obtained from other auditing procedures.

<h3>What is evidence ?</h3>
  • Evidence refers something that can be used to prove something.
  • For example, the evidence presented at the trial, or the trail of breadcrumbs following Hansel's trail through the woods.
  • Evidence is an item presented by a party to make the auditing of a fact more or less likely.
  • Evidence may take the form of testimony, documents, photographs, videos, audio recordings, DNA tests, or other physical objects.
  • There are two types of evidence for auditing . direct evidence and circumstantial evidence testimonies.
  • This is one of the most common forms of  evidence given orally or in writing by a witness under oath.
  • It can be obtained in court, by affidavit, or by affidavit.

To learn more about evidence from the given link :

brainly.com/question/14370298

#SPJ4

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The economic effect of an expense is incurred when the benefit expires or is used up not when cash is paid true or false
12345 [234]

Answer:

false

Explanation:

4 0
3 years ago
A 6-year bond, 8% semiannual coupon bond sells at par ($1,000). Another bond of equal risk, maturity, and par value pays an 8% a
timofeeve [1]

Answer:

Explanation:

  • The bond has 8% coupon paid semiannually, and those bonds sell at their par value.
  • Since the bond sales at par value, Market rate (Yield) = Coupon rate =8%

<u>Second bond:</u>

  • Coupon rate = 8%
  • Par value = $1,000
  • Semiannual coupon amount = 1000 x 8%/2 = $40
  • Time to maturity = 6 years = 12 semiannual periods
  • Semiannual Yield = 8%/2 = 4%

To get price of this bond we will use PV function of excel:

= PV (rate, nper, pmt, fv, type)

= PV (4%, 12, -40, -1000, 0)

= $1053.32

  • Price of this bond = $1,053.3
7 0
3 years ago
Read 2 more answers
A domestic company creates a strategic partnership with a foreign company in order to enter a foreign market. Both companies sha
Masja [62]

When two companies come together strategically to operate is called a joint venture.

<h3>What is a Joint Venture?</h3>

A Joint simply put is when two separate entities or business agree to share resources with the aim of archeiving similar or one objective.

Mostly, this is carried out when a  company intend to enter a foreign market.

Learn more about joint venture here:

brainly.com/question/9389546

6 0
2 years ago
All of the following are true regarding the guaranteed insurability rider except
docker41 [41]

Answer:

Option (C)

Explanation:

Guaranteed insurability rider is a person who is responsible to sell extra life insurances to the owners who already have life insurance. They visit the clients and attract them to buy a new one. Similarity, the rider usually charge premiums, but if an owner of life insurance is ill or seriously injured only then no additional premium is charged.

7 0
4 years ago
When the stockholders receive a dividend, how would this affect the equity of a business?.
morpeh [17]

Assets and total equity will both be decreased is When the stockholders receive a dividend, how would this affect the equity of a business.

<h3>Who are the stockholder?</h3>

Stockholders are the people who have purchased the stocks and have invested in the particular firm, they are the people. The stockholders hold some of the share of any company, which they can sell or purchase anytime.

Thus, Assets and total equity will both be decreased is When the stockholders

For more details about Stockholders, click here:

brainly.com/question/13142622

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7 0
2 years ago
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