15.13 Which of the following procedures is least likely to be used to test the valuation and allocation assertion?
参考答案(由小熊题库网聘请的专业题库老师提供的解答)
请点击↑↑↑ 查看官方参考答案 按钮
习题解析
请点击 查看官方参考答案 按钮
您可能感兴趣的题目
1 .15.9 What assertion is an auditor testing when the auditor gathers evidence to detect sales made after the end of the year that have been recorded before year end?
A Cut-off B Accuracy C Completeness
2 .15.11 An auditor examines a sample of sales invoices to determine if they were recorded in the correct revenue accounts.What assertion is an auditor testing?
A Accuracy B Classification C Completeness D Occurrence
3 .15.1 Which of the following is the LEAST persuasive method of gathering evidence?
A Inspection of a supplier’s invoice B Reperformance of a depreciation calculation undertaken by the reporting accountant C Inspection of a sales invoice produced by the client
4 .15.6 Growers Co is a garden centre with 20 locations employing over two hundred people. To cope with the current and expected future annual increase in transactions, Growers has implemented a centralised computer system linked to processing and checkout terminals at each centre. The new system will significantly improve the timing and quality of the management control information. A well-qualified and experienced internal audit team was also recently appointed.What area of the external audit will see an increased emphasis on obtaining audit assurance?
A Walk-through testing B Controls testing C Substantive testing of transactions D Substantive testing of balances
5 .15.7 Which of the following types of evidence would an auditor be most likely to examine to determine whether internal controls are operating as designed?
A Gross margin information regarding the client’s industry B Confirmation of receivables verifying account balances C Sales orders documenting credit approval D Anticipated results documents in budgets or forecasts
7 .15.10 Which of the following is a substantive procedure?
A Verifying that invoices payable are appropriately approved B Observing the distribution of a payroll on an unannounced basis C Performing suppliers’ statement reconciliations
8 .15.12 As part of the substantive tests performed on the client’s purchase transactions, the auditor selects a sample of payment vouchers and compares the dates on the vouchers to the dates the transactions were recorded in the purchase journal.Which of the following assertions is the auditor testing?
A Accuracy B Completeness C Cut-off D Occurrence
9 .15.14 Which of the following assertions would NOT be tested by an auditor who is performing substantive procedures on a client’s account balances?
A Valuation and allocation B Rights and obligations C Existence D Classification
10 .16.1 At which of the following audit stages is the auditor least likely to use analytical procedures?
A Planning B Review and evaluation of internal control C Final review of financial statements
