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Long-Term Liabilities
Long-term liabilities are generally evidenced through an agreement called a debenture. For this purpose, long-term loans are often called debentures. They may be secured through a fixed charge over a particular asset or secured through a floating charge on all the assets or they may be unsecured whether case they are called naked debentures. Protected liabilities are occasionally referred to as mortgage debentures.
factors that influence auditors judgement on sufficiency of audit evidence
Examples of Liabilities Examples of those liabilities are: a) Claims by employees for injury at work such should be covered through workman's compensation; b) Claims thr
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Determinants of amount of audit evidence
Auditor performs analytical work only at the end of the audit. Ans: I disagree with the statement because: i) Analytical work/procedures are used to obtain an understanding o
Presentation and Disclosure - Audit of Accounting Estimates An enterprise should involve the following information relating to a discontinuing operation in its financial state
audit account?
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