ACCT 555 555 GRADING SUMMARY
MIDTERM PART 2
These are Type:
Question the automatically # Of Questions: # Correct:
computed results of your exam. Date Taken: 1/31/2016
Multiplefor
Grades Choice
essay questions, and Time Spent: 11 1 h , 40 min , 36 secs
8
comments
Matching from your instructor, are Points Received: 1 (91.5%) 1
in the "Details" section below.
Short 7 N/A
Page: 1 2
Question 1. Question :
(TCO A) Match the following definitions to the appropriate
terms.
Student Answer: : Standards of » 2 : Sufficient understanding of
internal
2 control
fieldwork
: General standards » 1 : Due professional care
1
: Standards of » 3 : Adequacy of informative
disclosures
3
reporting
Points Received: 5 of 5
Comments:
Question 2. Question :
(TCO B) The following is a portion of a qualified audit report
issued for a private company.
To the shareholders of Tamarak Corporation,
We have audited the accompanying balance sheet of
Tamarak Corporation as of October 31, 2009, and the related
statements of income, retained earnings, and cash flows for
the past year. These financial statements are the
responsibility of the company's management. Our
responsibility is to express an opinion on these financial
This study source was downloaded by 100000834306259 from CourseHero.com on 04-07-2022 06:58:09 GMT -05:00
https://www.coursehero.com/file/13447137/Grading-Summary-Midterm-part-2/
, statements based on our audit.
We conducted our audit in accordance with auditing
standards generally accepted in the United States of
America. Those standards require that we plan and perform
the audit to obtain reasonable assurance about whether the
financial statements are free of material
This study source was downloaded by 100000834306259 from CourseHero.com on 04-07-2022 06:58:09 GMT -05:00
https://www.coursehero.com/file/13447137/Grading-Summary-Midterm-part-2/
MIDTERM PART 2
These are Type:
Question the automatically # Of Questions: # Correct:
computed results of your exam. Date Taken: 1/31/2016
Multiplefor
Grades Choice
essay questions, and Time Spent: 11 1 h , 40 min , 36 secs
8
comments
Matching from your instructor, are Points Received: 1 (91.5%) 1
in the "Details" section below.
Short 7 N/A
Page: 1 2
Question 1. Question :
(TCO A) Match the following definitions to the appropriate
terms.
Student Answer: : Standards of » 2 : Sufficient understanding of
internal
2 control
fieldwork
: General standards » 1 : Due professional care
1
: Standards of » 3 : Adequacy of informative
disclosures
3
reporting
Points Received: 5 of 5
Comments:
Question 2. Question :
(TCO B) The following is a portion of a qualified audit report
issued for a private company.
To the shareholders of Tamarak Corporation,
We have audited the accompanying balance sheet of
Tamarak Corporation as of October 31, 2009, and the related
statements of income, retained earnings, and cash flows for
the past year. These financial statements are the
responsibility of the company's management. Our
responsibility is to express an opinion on these financial
This study source was downloaded by 100000834306259 from CourseHero.com on 04-07-2022 06:58:09 GMT -05:00
https://www.coursehero.com/file/13447137/Grading-Summary-Midterm-part-2/
, statements based on our audit.
We conducted our audit in accordance with auditing
standards generally accepted in the United States of
America. Those standards require that we plan and perform
the audit to obtain reasonable assurance about whether the
financial statements are free of material
This study source was downloaded by 100000834306259 from CourseHero.com on 04-07-2022 06:58:09 GMT -05:00
https://www.coursehero.com/file/13447137/Grading-Summary-Midterm-part-2/
