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ACC 490 UOP Assignments,ACC 490 UOP Entire Class,ACC 490 UOP Full Class

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• Ch. 6: Comprehensive Question 6-26 – Audit Programs and Assertions<br />

• Ch. 7: Case 7-25 – New Client Acceptance, Part b<br />

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<strong>ACC</strong> <strong>490</strong> Week 3 Learning Team Assessing Materiality and Risk Simulation<br />

Complete the Assessing Materiality and Risk simulation<br />

Prepare a 350-word response to following questions after completing the<br />

simulation:<br />

Why do certain accounts have to be audited 100%?<br />

Why is materiality allocated only to those accounts that are sampled?<br />

Is any component of audit risk within the control of the auditor? Explain.<br />

How are the three risks that make up audit risk inter-related?<br />

To Know More Tutorials Visit http://www.tutorialfirm.com<br />

<strong>ACC</strong> <strong>490</strong> Week 3 Individual Assignment Ch 5, 6 and 7 Comprehensive<br />

Questions<br />

Chapter 5: Comprehensive Questions 5-30 – Assertions<br />

1. Assertion: Presentation and Disclosure.<br />

2. Assertion: Completeness.<br />

3. Assertion: Rights and Obligations.<br />

4. Assertion: Presentation and Disclosure.<br />

5. Assertion: Rights and Obligations.<br />

6. Assertion: Completeness.

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