WorksheetsAudit 2 Chp3
Total questions: 10
Worksheet time: 2mins
Audit report is a
written opinion of an auditor regarding audit work done
written planning of an auditor regarding audit work done
written assessment of an auditor regarding audit work done
written evidence of an auditor regarding audit work done
Report audit is written in a standard format, as mandated by the
Companies Act and Internal Security Act
Companies Act and International Standards on Auditing
Commission Act and International Standards on Auditing
Commission Act and Internal Security Act
Financial statements are a fair representation of an entity's financial position. This statement refer to
Qualified opinion
Unqualified opinion
Adverse opinion
Disclaimer opinion
Financial statements were materially misstated. This statement refer to
Qualified opinion
Unqualified opinion
Adverse opinion
Disclaimer opinion
Objective of audit report are to ______
Communicate auditor's planning to the user
Communicate auditor's findings to the user
Communicate auditor's assessment to the user
Communicate auditor's regulation to the user
The following is the part of the audit report format except
Header
Paragraph
Footer
Address
The component paragraph of an Auditor's Report as follows except
Paragraph states the responsibilities of the auditor and directors
Paragraph contains the scope, stating applied accounting practices
Paragraph contains summaries all the good and poor evidence obtain
Paragraph contains the auditor's opinion
Emphasis of matter is a paragraph included in the auditor's report that in the auditor's judgment, that is very importance towards ____________
user should know
manager should know
director should know
government should know
Communicating key audit matters helps provide additional information to users of the financial statements. The paragraph is
Emphasis of matter & Other matter
Emphasis of matter & Valuation matter
Additional matter & Other matter
Additional matter & Valuation matter
Uncertainty relating to the future outcome of exceptional litigation or regulatory action.
True
False
