Test
CPA Exam Auditing & Attestation
Preguntas del test (5)
1Which of the following circumstances most likely would cause an auditor to consider whether material misstatements exist in an entity's financial statements?
- ASupporting records that should be readily available are frequently not produced when requested.
- BReportable conditions previously communicated have not been corrected.
- CClerical errors are listed on a monthly computer-generated exception report.
- DDifferences are discovered during the client's annual physical inventory count.
2An auditor is testing internal control procedures that are evidenced on an entity's vouchers by matching random numbers with voucher numbers. If a random number matches the number of a voided voucher, that voucher ordinarily should be replaced by another voucher in the random sample if the voucher:
- AConstitutes an exception.
- BHas been properly voided.
- CCannot be located
- DRepresents an immaterial dollar amount.
3In evaluating the reasonableness of an accounting estimate, an auditor most likely would concentrate on key factors and assumptions that are:
- AConsistent with prior periods.
- BSimilar to industry guidelines.
- CObjective and not susceptible to bias.
- DDeviations from historical patterns.
4An auditor may achieve audit objectives related to particular assertions by:
- APerforming analytical procedures
- BAdhering to a system of quality control
- CPreparing auditor working papers.
- DIncreasing the level of detection risk.
5Which of the following computer-assisted auditing techniques allows fictitious and real transactions to be processed together without client-operating personnel being aware of the testing process?
- AIntegrated test facility.
- BInput controls matrix.
- CParallel simulation.
- DData entry monitor.
Información
- Descripción
- Some sample questions for the auditing and attestation part of the CPA Exam
- Autor
- nedtuohy
- Idioma
- English
- Visitas
- 375
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