Which of the Following Procedures Would Auditors Most Likely Perform

question 38

Multiple Choice

Which of the following procedures would auditors most likely perform to obtain evidence about the occurrence of subsequent events?

• A)Confirming a sample of material accounts receivable established after year-end.
• B)Comparing the financial statements being reported on with those of the prior period.
• C)Reading minutes of meetings of owners, management, or those charged with governance held after the date of the financial statements.
• D)Inquiring as to whether any unusual adjustments were made just before year-end.

Understand the various features and functionalities of Microsoft Edge.

Identify and utilize different tools within the browser for efficient web navigation and browsing.

Distinguish between Edge's privacy features and regular browsing modes.

Recognize the importance of Universal Windows Apps and their compatibility across different devices running Windows 10.

---

Definitions:

Circular Flow Diagram

A visual model that shows how goods, services, and money move through an economy in a circular manner between households and firms.

Firms

Business organizations or entities engaged in commercial, industrial, or professional activities with the goal of generating profits.

Resource Market

Markets where resources (or factors of production) like labor, capital, and raw materials are bought and sold.

Consumption Expenditures

The total amount spent by consumers on goods and services within a specified period.