In: Accounting
An audit manager is reviewing a working paper of a staff member. Select whether the tickmark legend is “sufficient and appropriate” or “Not Sufficient or Appropriate” for each of items a through d (4 answers are required). Explain if not sufficient, why that is the case. Legend
a. @ -- Footed the column Sufficient
b. ^ -- Could not perform procedure Not Sufficient
c. + -- See a note to the financial statements Not sufficient
d. % -- Taken from