WorksheetsAuditing Quizzes
Total questions: 15
Worksheet time: 5mins
Which account is the most relevant for completeness assertion?
Cash and cash equivalent
Fixed assets
Accounts payable
What audit procedure is the most relevant to cover valuation assertion in property, plant and equipment (fixed assets) accounts?
Vouching of addition of fixed assets
Depreciation test
Foreign exchange test
What percentage of profit before tax will be used when determine audit materiality if the Company plan to going public?
5%
10%
15%
Which one is correct?
IR = AAR x CR x PDR
AAR = IR x CR x PDR
CR = AAR x PDR x IR
The overall materiality level at the individual account or balance level, is the definition of?
Tolerable Error
Planning Materiality
SAD Nominal Amount
What audit procedure is the most relevant to cover existence assertion in PPE?
Vouching additional PPE
Tie up to fixed asset register
Depreciation test
When the audit risk is higher, what is the impact on the size of audit evidence that we should obtain?
Larger
Smaller
No effect
In relation with the audit of financial statements, in which part the IT Audit Team will involve during the audit process?
Business risk assessment
Control risk assessment and test of control
Substantive test
“I’m only borrowing they money; I’ll pay it back”. Based on the Fraud Triangle categorized as?
Pressure
Rationalize
Opportunity
Which is the correct sequence of audit process?
1. Plan and design an audit approach
2. Complete the audit and issue an auditor report
3. Perform analytical procedures and test of details of balances
4. Perform test of controls and substantive tests of transactions
4, 3, 1, 2
1, 4, 3, 2
1, 3, 4, 2
Which of the following characteristics is not a definition of fraud?
Deceptive
Perpetrator gain
Intentional
Involuntary
Manakah dari perusahaan di bawah ini yang bukan merupakan sponsor ruangan di FEB UGM?
Djarum
CIMB
Bank Indonesia
Bukit Asam
Sebutkan minuman apa yang menjadi mayoritas anak FEB UGM saat ini?
Toyagama
Fore
Nala
Susu Fapet
Gedung apakah yang merupakan bangunan tertinggi di FEB UGM saat ini?
Gedung LC
Pertamina Tower
Gedung Magister Akuntansi
Gedung Student Lounge
Juara berapakah tim basket putri FEB UGM di porsenigama tahun ini?
2
1
4
3
