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Auditing Fair Value Measurements and Disclosures: Review Questions

This document provides a summary of Chapter 25 from an auditing textbook. It includes 9 review questions that refer to specific pages and paragraphs within the chapter to test comprehension. It also includes 5 multiple choice questions related to content from the chapter on auditing fair value measurements and disclosures. The questions cover topics such as the definition of fair value, fair value hierarchy levels, and procedures for auditing fair value estimates.

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Dave Manalo
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1K views1 page

Auditing Fair Value Measurements and Disclosures: Review Questions

This document provides a summary of Chapter 25 from an auditing textbook. It includes 9 review questions that refer to specific pages and paragraphs within the chapter to test comprehension. It also includes 5 multiple choice questions related to content from the chapter on auditing fair value measurements and disclosures. The questions cover topics such as the definition of fair value, fair value hierarchy levels, and procedures for auditing fair value estimates.

Uploaded by

Dave Manalo
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
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CHAPTER 25

AUDITING FAIR VALUE MEASUREMENTS


AND DISCLOSURES

I. Review Questions

1. Refer to page 856, paragraph 1 of the textbook.

2. Refer to page 854, paragraph 4 of the textbook.

3. Refer to page 856, paragraph 1 of the textbook.

4. Refer to page 857, paragraph 3 of the textbook.

5. Refer to pages 858 to 872 of the textbook.

6. Refer to page 861, no. 5 of the textbook.

7. Refer to page 863, no. 8 of the textbook.

8. Refer to page 864, no. 9, 3rd paragraph of the textbook.

9. Refer to pages 865 to 866 of the textbook.

II. Multiple Choice Questions


1. b
2. b
3. d
4. d
5. c

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