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
Varvara68 [4.7K]
3 years ago
5

Briefly describe at least one additional test you could perform to gain evidence as to whether or not the cash account is materi

ally misstated about The bank confirmation from Brigham National Bank was received quite late and was faxed on a non-standard bank confirmation form. There is no corroborating evidence that the document is genuine, or that it was received directly from the bank. Also, no job title is indicated for Gretchen Larson, the person who signed the bank confirmation.
Business
1 answer:
user100 [1]3 years ago
7 0

Answer:

I will review the bank reconciliation statement against the bank statements (both past and subsequent statements) received from Brigham National Bank and the internal records maintained by the company.  The review may yield the result that there are no issues or otherwise.  With this review, the confirmation received from Brigham National Bank will be verified as correct or not.

Explanation:

Auditor's review of some information will collaborate some third party evidence as either correct or misleading.  Since it is being suspected that the confirmation from Brigham National Bank, because of its form, could be forged, it is then necessary to gain additional evidence by reviewing other supporting evidence.

You might be interested in
Prepaid expenses require what type of adjusting entry? Question options: Matched Accumulated Accrued Deferral
yanalaym [24]

Answer:

deferral

Explanation:

Adjusting entries are when changes are made to already recorded journal entries.

Categories of adjusting entries :

  1. accrued revenues
  2. accrued expenses
  3. unearned revenues
  4. prepaid expenses
  5. depreciation.

Prepaid expenses are payments made for services yet to be delivered.

For example, paying for a year's worth of subscription on your streaming service

Prepaid expenses is an example of deferred payment, so the adjustment should be a deferral

7 0
3 years ago
International organizations prefer to rely on Blank______ for measuring the value produced in an economy.
Ilia_Sergeevich [38]

Answer:

I thinks it's gross national income

Explanation:

I am guessing

3 0
2 years ago
To avoid libel charges, a journalist who is writing about a local government scandal should 
expeople1 [14]
Check all sources carefully

6 0
3 years ago
Read 2 more answers
A conservative investor has a portfolio that consists of diversified investments in equity securities, debt securities, and mone
satela [25.4K]

Answer:

Real Estate-Related Investments.

Explanation:

Real estate related investments involves the purchase, management, renting and sale of real estate properties with the aim of making profit.

Real estate investment is capital intensive and has low liquidity compared to other forms of investment.

This will be a good option for the conservative investor because real estate investment is stable and not prone to huge losses that can be incurred in the money markets. Also real estate is not affected by equities market. So will be a safety net in case of failure in the equity market.

4 0
3 years ago
What is IKEA trying to achieve in the Global Market?
kirill [66]

Answer:

success and money

Explanation:

 

6 0
3 years ago
Other questions:
  • Please i need your help guys!
    11·1 answer
  • Brainliest + Points! Please explain
    7·1 answer
  • In the Assembly Department of Hannon Company, budgeted and actual manufacturing overhead costs for the month of April 2017 were
    13·1 answer
  • If closing costs of $1,400 are associated with the refinance of reduce the monthly payment fro m $980 to $870 refinance, it woul
    10·1 answer
  • Because services are inseparable, they cannot be tried before they are purchased. To counteract this, a service firm might:
    7·1 answer
  • Do you feel it is easier or harder to deliver a presentation online versus face to face? Why?
    6·1 answer
  • In a slow year, Deutsche Burgers will produce 2.8 million hamburgers at a total cost of $3.4 million. In a good year, it can pro
    13·1 answer
  • Recording transactions and events is known as
    11·1 answer
  • What is Location? Explain the factors affecting location decision.
    15·1 answer
  • If you are e-filing your tax returns, explain why it is beneficial to file your federal and state taxes through the same e-filin
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!