Quick Links
Why Us
Unlimited Packages
Site Secure
TESTED 23 Nov 2024
We Accept
Follow-up activity may be required to ensure that corrective action has taken place for certain findings. The internal audit department's responsibility to perform follow-up activities as required should be defined in the
During an interview with a data input clerk to discuss a computerized system used to track employee training requirements and compliance, an auditor identifies a potentially significant weakness in the system.
The auditor should
Your assurance firm is auditor of Happy Goods. The audit manager has just become engaged to the managing director’s daughter, who he met through a mutual friend. The managing director owns 51% of the shares in Happy Goods. Which of the threat is not there in this case?
What evidence is appropriate to determine that recorded purchase transactions were valid and at the best price?
An operational audit is being performed to evaluate the productivity of telephone sales representatives relative to last year. The organization sells two similar products, one of which is priced 20% higher than the other. Prices did not change during the two years subject to the audit, and the gross profit percentage is the same for both products. The sales representatives are paid a base salary plus a commission.
Which one of the following items represents the best evidence that the organization’s sales representatives are more productive this year than last year?
Which of the following is an example of intimidation threat to independence of the auditor?
Which of the following activities is not included in determining the audit schedule?
Audits vary in their degree of objectivity. Of the following, which is likely to be the most objective?
TESTED 23 Nov 2024