Auditing Mcqs


Q.  When applying analytical procedures, an auditor could develop independent estimate of an account balance to compare it to­___________?

a. client’s unedited account balance
b. client’s unedited account balance adjusted for trends in the industry
c. Prior year audited balance
d. Prior year audited balance adjusted for trends in the industry


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MCQs:  The auditor has a right to­___________?
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MCQs:  The branch auditor is appointed by___________?
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MCQs:  When restrictions that significantly affect the scope of the audit are imposed by the client, the auditor generally should issue which of the following opinion?
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MCQs:  Which of the following is true about explanatory notes?
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MCQs:  Which of the following documents is not relevant for vouching cash sales?
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MCQs:  To test whether sales have been recorded, the auditor should draw a sample from a file of__________?
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MCQs:  For companies required to produce interim financial statements (IFI):
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MCQs:  Which of the following statements is correct?
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MCQs:  What sort of assurance is provided in a review engagement?
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MCQs:  Which one of the following is part of the auditor’s function?
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MCQs:  Which of the following does NOT belong in the auditors’ report?
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MCQs:  What is meant by the expression ‘expectation gap’?
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MCQs:  Which of the following would you not use as a benchmark for comparison when undertaking analytical procedures?
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MCQs:  Which of the following is true about written representations?
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