Audit MCQ Practice3 IMP bWord格式.docx
- 文档编号:19635215
- 上传时间:2023-01-08
- 格式:DOCX
- 页数:7
- 大小:18.64KB
Audit MCQ Practice3 IMP bWord格式.docx
《Audit MCQ Practice3 IMP bWord格式.docx》由会员分享,可在线阅读,更多相关《Audit MCQ Practice3 IMP bWord格式.docx(7页珍藏版)》请在冰豆网上搜索。
standardthatrequires"
Adequatetechnicaltrainingandproficiency"
isnormallyinterpretedasrequiringtheauditortohave
a.formaleducationinauditingand
accounting.
b.adequatepracticalexperiencefortheworkbeingperformed.
c.continuingprofessionaleducation.
5InanycaseinwhichtheCPAortheCPA'
sassistantsarenotqualifiedtoperformthework,aprofessionalobligationexiststo
a.acquiretherequisiteknowledgeandskills.
b.suggestsomeoneelsewhoisqualifiedtoperformthework.
c.declinetheengagement.
d.anyoftheabove.
6AmemberCPAfirmisrequiredbytheAICPAtobelongtotheSECPracticeSectionifit
a.wishestoauditcompanieswhoseassetsexceed$250million.
b.doesanyaudits.
c.doesanyreviewsoraudits.
d.auditsoneormorepublicly-heldcompanies.
7Ifitisprobablethatthejudgmentofareasonablepersonwouldhavebeenchangedorinfluencedbytheomissionormisstatementofinformation,thenthatinformationis,bydefinitionofFASBStatementNo.2,
a.material.
b.insignificant.
c.significant.
d.relevant.
8Thepreliminaryjudgmentaboutmaterialityistheamountbywhichtheauditorbelievesthestatementscouldbemisstatedandstillnotaffectthedecisionsofreasonableusers.
a.minimum
b.maximum
c.meanaverage
d.medianaverage
9Whenauditorsallocatethepreliminaryjudgmentaboutmaterialitytoaccountbalances,thematerialityallocatedtoanygivenaccountbalanceisreferredtoinSASNo.39as
a.thematerialityrange.
b.theerrorrange.
c.tolerablemateriality.
d.tolerablemisstatement.
10Whydoauditorsestablishapreliminaryjudgmentaboutmateriality?
a.Tohelptheauditorplantheappropriateevidencetoaccumulate.
b.Sothattheclientcanknowwhatrecordstomakeavailabletotheauditor.
c.Todeterminewhatlevelofstaffing(i.e.,workexperience)isrequiredfortheaudit.
d.Noneoftheabove.
11Ifanauditorestablishesarelativelylowlevelformateriality,thentheauditorwill
a.accumulatemoreevidencethanifahigherlevelhadbeenset.
b.accumulatelessevidencethanifahigherlevelhadbeenset.
c.accumulateapproximatelythesameevidenceaswouldbethecasewereahigherlevelset.
d.accumulateanundeterminedamountofevidence.
12Afterthepreliminaryjudgmentaboutmaterialityhasbeenestablished,auditorsmay
a.notadjustit.
b.adjustitdownwardonly.
c.adjustitupwardonly.
d.adjustiteitherdownwardorupward.
13Whichofthefollowing"
decisions"
arerelevanttotheauditor'
sevidenceaccumulation?
a.
Typeofaudit
proceduretouse.
b.Numberofitemstoexamine.
c.Timingofauditprocedures.
d.Alloftheabovearerelevant.
14Auditproceduresarenormallyperformed
a.earlyintheaccountingperiodbeingexamined.
b.throughouttheaccountingperiodbeingexamined,butwithemphasisonthetransactionsneartheend.
c.withinonetothreemonthsafterthecloseoftheaccountingperiod.
d.duringallthreeoftheaboveperiods.
15Thethirdstandardoffieldworkrequirestheauditortoaccumulatesufficientcompetentevidencetosupporttheopinionissued.Becauseofthenatureofauditevidence,itis
a.unlikelytheauditorwillbecompletelyconvincedthattheopinioniscorrect.
b.likelytheauditorwillbecompletelyconvincedthattheopinioniscorrect.
c.unlikelytheauditorwillarriveataconclusion.
d.likelythattheauditorwouldchangehis/hermindabouttheopinionifhe/shetookthetimetogatheradditionalevidence.
16Whichofthefollowingformsofevidenceismostreliable?
a.General
ledgeraccount
balances.
b.ConfirmationofA/Rbalancereceivedfromacustomer.
c.Internalmemoexplainingtheissuanceofacreditmemo.
d.Copyofmonth-endadjustingentries.
17Evidenceobtaineddirectlybytheauditorismorecompetentthaninformationobtainedindirectly.Whichofthefollowingisnotanexampleoftheauditor'
sdirectknowledge?
a.Physicalexamination.
b.Observation.
c.Computation.
d.Inquiry.
18Whenanauditorcalculatesthegrossmarginasapercentof
sales
andcomparesitwithpreviousperiods,thistypeofevidenceiscalled
a.physicalexamination.
b.computation.
c.observation.
d.inquiry
19Whichofthefollowingisnotoneofthethreemainreasonswhytheauditorshouldproperlyplanengagements?
a.Toenableproperon-the-jobtrainingofemployees.
b.Toenabletheauditortoobtainsufficientcompetentevidence.
c.Toavoidmisunderstandingswiththeclient.
d.Tohelpkeepauditcostsreasonable.
20Ameasureofhowwillingtheauditoristoacceptthat
thefinancialstatements
maybemateriallymisstatedaftertheauditiscompletedandanunqualifiedopinionhasbeenissuedisthe
a.inherentrisk.
b.acceptableauditrisk.
c.statisticalrisk.
d.financialrisk.
21Ameasureoftheauditor'
sassessmentofthelikelihoodthattherearematerialmisstatementsinanaccountbeforeconsideringtheeffectivenessoftheclient'
sinternalcontrolis
a.controlrisk.
d.inherentrisk.
22Theauditorislikelytoaccumulatemoreevidencewhentheauditisforacompany
a.whosestockispubliclyheld.
b.whichhasextensiveindebtedness.
c.whichistobesoldinthenearfuture.
d.Allthreeoftheabove.
23Whichofthefollowingisnottypicallyincludedinitialauditplanning?
a.Clientacceptance/continuationdecisions.
b.Determinationofthepurposeoftheaudit.
c.Scheduleengagementstaffandauditspecialists.
d.Performpreliminaryanalyticalprocedures.
24Mostauditorsassessinherentriskashighforrelatedpartiesandrelated-partytransactionsbecause
a.oftheaccountingdisclosurerequirement.
b.ofthelackofindependencebetweentheparties.
c.bothaandb.
d.itisrequiredby
generallyacceptedaccountingprinciples.
25Whichofthefollowingpartiesisresponsibleforestablishinganentity'
sinternalcontrols?
a.Management.
b.Auditors.
c.Managementandauditors.
d.CommitteeofSponsoringOrganizations.
26Foraninternalauditfunctiontobeeffective,itisessentialthattheinternalauditstaff
a.beindependentoftheoperatingdepartments.
b.beindependentoftheaccountingdepartment.
c.reportdirectlytoahighlevelofauthoritywithintheorganizationsuchastheauditcommittee.
d.achievealloftheabove.
27Managementisoftenunwillingtoimplementanidealsystemof
internalcontrols
because
a.controlfailuresareinfrequent.
b.suchasystemistooexpensive.
c.sufficienttechnologydoesnotexisttoaffordanidealsystem.
d.risksareoftenoverstated.
28Internalcontrolscanneverbeconsideredasabsolutelyeffectivebecause
a.theireffectivenessislimitedbythecompetencyanddependabilityofthecompany'
spersonnel.
b.controlsalwayshaveinherentweaknessesthatcanbeexploited.
c.controlsaredesignedtopreventanddetectonlymaterialmisstatements.
d.noneoftheabove.
29Amajorcontrolavailableinasmallcompany,whichmightnotbefeasibleinalargecompany,is
a.awidersegregationofduties.
b.avouchersystem.
c.fewertransactionstoprocess.
d.theowner-manager'
spersonalinterestandclose
relationship
withpersonnel.
30Anauditor'
sattempttogainanunderstandingoftheaccountingsystemistypicallyaccomplishedanddocumentedby
a.anarrativedescriptionofthesystem.
b.aflowchart.
c.aquestionnaire.
d.usinganyoftheabove.
31IThasseveralsignificanteffectsonanorganization.Whichofthefollowingwouldnotbeimportantfromanauditingperspective?
a.Organizationalchanges.
b.Thevisibilityofinformation.
c.Thepotentialformaterialmisstatement.
d.Noneoftheabove;
i.e.,theyareallimportant.
32Theauditprocedurewhichisleastusefulingatheringevidenceonsignificantcomputerprocessesis
a.documentation.
b.observation.
c.testdecks.
d.generalizedauditsoftware.
33WhichofthefollowingisnotabenefitofusingITbasedcontrols?
a.Abilitytoprocesslargevolumesoftransactions.
b.Abilitytoreplacemanualcontrolswithcomputer-basedcontrols.
c.Reductioninmisstatementsduetoconsistentprocessingoftransactions.
d.Over-relianceoncomputergeneratedreports.
34WhichofthefollowingisnotariskspecifictoITenvironments?
a.Relianceonthefunctioningcapabilitiesofhardwareandsoftware.
b.Increasedhumaninvolvement.
c.Lossofdataduetoinsufficientbackup.
d.Reducedsegregationofduties.
35WhichofthefollowingisnotanenhancementtointernalcontrolthatwilloccurasaconsequenceofincreasedrelianceonIT?
a.Computercontrolsreplacemanualcontrols.
b.Higherqualityinformationisavailable.
c.Computer-basedcontrolsprovideopportunitiestoenhancesegregationofduties.
d.Alloftheaboveareenhancements.
36Whichofthefollowingarenotanapplicationcontrol?
a.Processingcontrols.
b.Outputcontrols.
c.Hardwarecontrols.
d.Inputcontrols.
37Asampleinwhichthecharacteristicso
- 配套讲稿:
如PPT文件的首页显示word图标,表示该PPT已包含配套word讲稿。双击word图标可打开word文档。
- 特殊限制:
部分文档作品中含有的国旗、国徽等图片,仅作为作品整体效果示例展示,禁止商用。设计者仅对作品中独创性部分享有著作权。
- 关 键 词:
- Audit MCQ Practice IMP
![提示](https://static.bdocx.com/images/bang_tan.gif)