Harisenin.com Quiz Day 2

The process of indepedent examination of a company's financial statements by an external auditor is called..........

• Income Statement

• Balance Sheet Statement

• Financial Statement Audit

Who is inspecting financial statement audit of company independently?

• Internal Auditor

• External Auditor

• Data Analyst

The following is one of Importances of Financial Statement Audit, namely................................

• Enhancement of Fraud

• Reputation Maintenance

• Certainty Disclosure

The following aren't roles and responsibilities as an auditor, namely..........................

• Risk Assessment and Materiality

• Audit Evidence Examination

• Unprofessional Ethic

After monitoring and additional checking process , next stage that we will do as auditor in the auditing financial statement process is............

• Overall Evaluation

• Audit Report Preparation

• Substantive Examination

The following are the tools used in an audit, except.............

• Spreadsheets

• Enterprise Resource Planning (ERP) Systems

• Marketing Analysis Tools

The initial stage where auditors plan the approach and strategy for the audit is the definition of.........

• Audit Materiality

• Audit Planning

• Audit Sampling

The random sampling to generate results that can be applied to the entire population is the definition of..........................

• Statistical Sampling

• Non-statistical Sampling

• Size Sampling

The Objective of Analytical Procedures is...........................................

• to identify unusual trends that may require further investigation

• to gather additional information and provide updates

• to assess and evaluate risks that may impact the financial statement

On daily tasks as a auditor, documentation review by supervisors or managers are aiming to......

• Assess and review the effectiveness of the client's internal

• Ensure compliance with auditing standards and firm policies

• Analyze audit problem that we has been inspected