Recent Posts • Latest Topics • Unanswered Questions

Gina is performing the audit of the payables section of Reno Inc. She wants to confirm the payables ...

Cadish

wrote...

Go to Answer

Posts: 694

Rep:

6 years ago

Gina is performing the audit of the payables section of Reno Inc. She wants to confirm the payables ...

Gina is performing the audit of the payables section of Reno Inc. She wants to confirm the payables from an independent source. Which of the following sources would represent an independent provider?
A) Confirm an interco payable with the CEO of the US branch of Reno Inc.
B) Confirm the account payable with Clarkson Corp. The CFO of Clarkson is the wife of the controller of Reno.
C) Confirm the line of credit balance with Citizen Bank. Reno does all its banking with Citizen and it also has a long-term loan there.
D) Confirm the account payable to Suco Inc. The CEO of Reno owns 30% of the outstanding shares of Suco.

Textbook

Auditing: The Art and Science of Assurance Engagements, Canadian Edition

Edition: 12^th

Authors: Arens, Elder, Beasley, Splettstoesser

Read 66 times

1 Reply

Report

Auditing: The Art and Science of Assurance Engagements, Twelfth Canadian Edition, 12/E (Arens, Elder, Beasley, Splettstoesser)

Replies

Answer verified by a subject expert

charleshardt

wrote...

Posts: 448

Rep:

6 years ago

More solutions for this book are available here

Report

Related Topics

Cadish Author

wrote...

6 years ago

Smart ... Thanks!

annielin111

wrote...

Yesterday

This site is awesome

julymontalvo

wrote...

2 hours ago

Thanks for your help!!

New Topic

Quick Reply

Explore

Post your homework questions and get free online help from our incredible volunteers

1280 People Browsing

Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook

Live Chat

Related Images

298

275

141

Your Opinion

Previous poll results: Should Ph.D.'s be addressed as doctors?

Strange Ingredients Lurking in Doritos Chips

Bonobos, Chimpanzees, and the 98% DNA Link

The Toxic Skin and Fungi Defense

Courses by Biology Forums

It's sore throat season, why does my mucus have red spots?

Ready to ask a question on Biology Forums? Try it out

Join Our Community

Biology Forums - Study Force is a free online homework help service catered towards college and high school students. Get homework help and answers to your toughest questions in biology, chemistry, physics, mathematics, engineering, accounting, business, humanities, and more. Master your assignments quickly with thousands of step-by-step solutions to countless textbook questions asked and answered by our members. If we don't have your question, don't worry. You can ask any homework question and get expert homework help in as little as two hours.

Our extensive online study community is made up of college and high school students, teachers, professors, parents and subject enthusiasts who contribute to our vast collection of study resources: textbook solutions, study guides, practice tests, practice problems, lecture notes, equation sheets and more. With our help, your homework will never be the same!

Join for free today

How is Biology Forums - Study Force different than tutoring?

Home Search Q & A Board Gallery Resource Library Blog Dictionary Chat	Quick Links Start a Topic Latest Topics Unanswered Questions Courses Study Tools Browse by Textbook	Social Facebook YouTube Community Stats Who's Online Trending Staff	Help About Us Take the Tour Study Tips Posting Guidelines Terms and Policies Contact Us
Biology Forums - Study Force © 2010-2024 \| Powered by SMF \| SMF © 2015, Simple Machines \| Sitemap Biology-Forums.com is not affiliated with any publisher. Book covers, title and author names appear for reference only.