Which of the Following Procedures Would Not Be Performed in a Review

question 38

Multiple Choice

Which of the following procedures would not be performed in a review of the financial statements of a private company?

• A)Enquire about the accounting system and bookkeeping procedures.
• B)Perform analytical procedures to identify relationships and individual items that appear to be unusual.
• C)Obtain a lawyer's letter about claims and possible claims.
• D)Study the financial statements for indications that they conform to generally accepted accounting principles.

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Definitions:

Hyperpolarization

An increase in the membrane potential of a cell, making the inside of the cell more negative relative to the outside and reducing the likelihood of firing an action potential.

Plasma Membrane

The lipid bilayer that encases cells, controlling the movement of substances in and out of the cell and facilitating communication and signaling.

Neuronal Pathway

Networks of neurons that transmit signals between different parts of the brain or from the brain to the rest of the body.

Divergent

Tending to be different or develop in different directions, or, in evolutionary terms, related organisms evolving different characteristics.