choose the correct answers 28. Obtain a lawyer's letter from...
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Accounting
choose the correct answers
28. Obtain a lawyer's letter from the client's attorney. (single or multiple answers) A Establish the existence of the assets B Establish the rights to the assets OC Establish the completeness of recorded assets D Determine the appropriate valuation of the assets Establish the clerical accuracy of the underlying records OF Determine the appropriate financial statement presentation 29. Vouch purchases of property, plant and equipment made during the year single or multiple answers) A Establish the existence of the assets B Establish the rights to the assets Establish the completeness of recorded assets D Determine the appropriate valuation of the assets E Establish the clerical accuracy of the underlying records F Determine the appropriate financial statement presentation 30. Foot the subsidiary accounts receivable ledger. A Establish the existence of the assets B Establish the rights to the assets Establish the completeness of recorded assets D Determine the appropriate valuation of the assets Establish the clerical accuracy of the underlying records F Determine the appropriate financial statement presentation 31. Sampling from the bills of lading to the sales journal addresses which assertion most directly? a. Completeness b. Existence or occurrence C. Rights and obligations O d. Presentation and disclosure Option 1
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