Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. in response to which of the following events would

In response to which of the following events would an auditor issue a report that...

80.2K

Verified Solution

Question

Accounting

In response to which of the following events would an auditor issue a report that refers to consistency?

I. A change in the useful life used to calculate the provision for depreciation expense.

II. Managements lack of reasonable justification for a change in accounting principle.

III. A change from an accounting principle that is not generally accepted to one that is generally accepted.

None of the above

II only

I, II, and III

II and III only

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

S&L Financial buys and sells securities which it classifiesas available-for-sale. On December 27, 2018,...

Accounting
Q

What is the age distribution of adult shoplifters (21 years of age or older) in supermarkets?...

Statistics
Q

1. Match the following terms with the correct definition. Antiplatelet drugs agents that increase the time it takes...

Medical Sciences
Q

Explain the velocity ratio of epicyclic gear trains is obtained by tabular method

Mechanical Engineering
Q

Describe what Debt is, how it affects cash flow and the risks to both the lender...

General Management
Q

Axe Ltd. purchased a building worth Tshs. 200,000 on January 1, 2008. The building has a...

Accounting
Q

Beijernik s experimental results were odd as the filtered sap didn t subsequent filtrations like...

Biology
Q

5 Suppose that 43 of a town s population have blue eyes 46 have blonde...

Statistics
Q

Suppose N 10 and r 3 Compute the hypergeometric probabilities for the following values of...

Statistics
Q

Synovec Co. is growing quickly. Dividends are expected to grow at a rate of 25...

Finance
Q

Given the following transaction data of Property A sold 11 months ago for $626,000 and...

Finance
Q

Schedule of Activity Costs Quality Control Activities Activity Cost Process audits $51,200 Training of machine...

Accounting