Listed Below Are Policies or Procedures That the Crystal Cove

question 22

Short Answer

Listed below are policies or procedures that the Crystal Cove audit firm has in place.For each identified policy or procedure state if it is a Generally Accepted Audit Standard (GAAS)or a Quality Control Standard.

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Definitions:

Dishonored

Refused; specifically, a payment that has been refused despite a holder’s presenting an instrument in a timely and proper manner.

Refusal To Pay

The act of deliberately not making a payment that is due, typically in the context of bills, debts, or other financial obligations.

Endorsement

The act of signing one's name on the back of a check or other negotiable document, transferring its legal title or rights to another individual or entity.

Transfer Warranties

Guarantees provided by a seller regarding the legality of transferring ownership of goods.