Audit chapter 2

Audit chapter 2

Professional Development

10 Qs

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Audit chapter 2

Audit chapter 2

Assessment

Quiz

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Professional Development

Practice Problem

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

How many standards of audit fieldwork?

3

5

4

6

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a characteristics feature?


"The auditor should not necessarily assume that the more senior a person is in the company, the better qualified that person is to provide evidence"

Independence of evidence provider

effectiveness of company's internal control

qualification of evidence provider

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The auditor observes how an employee performs a

physical activities of the procedure

physical count of inventory

physical examination technique

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

For some audit objectives for......... , the auditor might decide to...........

specific account , perform tests of controls

accounting system , perform tests of controls

specific account , obtain evidence

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the use of audit evidence?

obtained by auditors during a financial and recorded in audit working papers

obtained reasonable basis for an opinion the financial report

to obtain evidential matter consist of underlying accounting data

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Sufficientcy of evidential is influenced .............

by quality of evidence

by risk of misstatements

all two of the above

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

There are 7 broad categories of audit evidence gathering techniques that auditors may use except:

observation

documentation

confirmation

audit procedure

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