Which of the following factors would most likely influence the form and extent of the auditor’s documentation of an entity’s internal control environment?
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 .Management representations should be obtained about all of the following, except:
A The absence of unrecorded transactions. B Uncorrected misstatements identified by the auditor. C Management's consultation with other accountants. D Instances of immaterial fraud involving employees who have significant roles in internal control.
2 .Section 404 of the Sarbanes-Oxley Act of 2002 requires each annual report of an issuer to include which of the following?
A Management representations that the company's external auditors have examined its internal control over compliance with laws and regulations. B Representations from the company's external auditors that the company has effective internal control over operations. C Management's assessment of the eff...
3 .When a former partner of a registered public accounting firm who left the firm two years ago accepts a financial reporting oversight role at an issuer audit client, the independence of the registered public accounting firm is considered impaired unless which of the following is true?
A The former partner was employed by the registered public accounting firm for a period of 2 years or less. B The former partner exerts only limited influence over the registered public accounting firm's operations and financial policies. C The former partner discloses the relationship to the issuer...
4 .While performing certain non-audit services for an insurance company, a professional accountant is asked to recommend the appropriate accounting treatment for a weather hedge transaction. The accountant has worked with financial hedges but has no experience with weather hedges. Which of the following actions by the accountant would be in compliance with the IFAC Code of Ethics for Professional Accountants?
A Agree to recommend the appropriate accounting treatment after performing sufficient research on weather hedges. B Refuse to conduct the research and make a recommendation, because of insufficient experience. C Agree with the accounting treatment recommended by the company's hedge fund trader. D Re...
5 .An audit supervisor reviewed the work performed by the staff to determine if the audit was adequately performed. The supervisor accomplished this by primarily reviewing which of the following?
A Financial statements. B Analytical procedures. C Working papers. D Checklists.
7 .Which of the following statements is not true of the test data approach to testing an accounting system?
A The test data need consist of only those valid and invalid conditions that interest the auditor. B Test data are processed by the client's computer programs under the auditor's control. C The test data must consist of all possible valid and invalid conditions. D Only one transaction of each type n...
8 .The two requirements crucial to achieving audit efficiency and effectiveness with a computer are selecting:
A Client data that can be accessed by the auditor's computer and audit procedures that are generally applicable to several clients in a specific industry. B The appropriate audit tasks for computer applications and the appropriate software to perform the selected audit tasks. C The appropriate softw...
9 .Which of the following statements is a standard applicable to financial statement audits in accordance with Government Auditing Standards?
A An auditor should briefly describe in the auditor's report the method of statistical sampling used in performing tests of controls and substantive tests. B An auditor should determine the extent to which the entity's programs achieve the desired level of results. C An auditor should assess whether...
10 .For financial statement audits, generally accepted government auditing standards (GAGAS) incorporate the Statements on Auditing Standards (SAS) that are issued by the AICPA. GAGAS prescribe additional standards on:Direct reportingof illegal actsReporting oninternal controls
A No.........Yes B No.........No C Yes........No D Yes........Yes
