Refer to the Auditing in Practice feature, Dual-Purpose Tests. What is a dual-purpose test, and why might

Question:

Refer to the Auditing in Practice feature, “Dual-Purpose Tests.” What is a dual-purpose test, and why might an auditor choose to perform dual purpose tests?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Auditing a risk based approach to conducting a quality audit

ISBN: 978-1133939153

9th edition

Authors: Karla Johnstone, Audrey Gramling, Larry Rittenberg

See More Books

Question Posted: Sep 22, 2014 08:13 AM

See More Questions

Refer to the Auditing in Practice feature Should I Work for a Large or a Small Audit Firm? Compare and contrast the workplace environments at larger versus smaller audit firms. Explain which type of...
Refer to the Auditing in Practice feature "Analytical Procedures are Not Client Estimates." What is the relationship between the auditor's use of an analytical procedure and a client estimate?
Refer to the Auditing in Practice feature "Performing Appropriate Substantive Procedures in the Revenue Cycle: The Case of Kyoto Audit Corporation." What substantive procedures did Kyoto not perform...
Argon is compressed in a polytropic process with n 5 1.2 from 120 kPa and 10oC to 800 kPa in a piston - cylinder device. Determine the work produced and heat transferred during this compression...
Is the code for the FIR filter of Programming Example 5.3 reentrant? Explain. Programming Example 5.3 An FIR Filter in C Here is a signal flow graph for an FIR filter: x(n) x0 bo y(n) b x1 b3 + The...
Describe how human genetics and stem cell research can have an impact on end-of-life issues.
Analysis of growth, price-recovery, and productivity components (continuation of 13-23) Suppose that during 2009, the market for Merediths special-purpose machines grew by 3%. All increases in market...
Discuss in detail and be sure to discuss the important points. What is a bond? Describe the various types of risks for bonds. How do you value a Bond? Provide a numerical example of how to value a...
Cherry Cotta makes custom ordered clay pots for residential gardens. Below is cost information regarding its latest job. a. Materials were purchased on account. $18,996 purchased b. A materials...
What are some of the key decisions that influence the substantive testing to be performed by the auditor?
Explain how the factors in the first column affect the auditors decision about substantive testing.
Solve each of these equations, giving your answers correct to 3 sf. a. 10 x = 75 b. 10 x = 300 c. 10 x = 720 d. 10 x = 15.6 e. 10 x = 0.02 f. 10 x = 0.005
If special education programming is to be given at a neutral site or public school for parochial school students, additional time in transit will frequently become a necessity. How can this be...
Why should practical capacity be used in calculating activity cost drivers?
The Zobrest case resulted in a finding that it is permissible to pay for an interpreter. What is the likely application to other related services or to special education programming generally?
How can the information from an ABC systems guide improvement in operations and decisions about products/customers?
Justin (age 9) is a child who is seriously emotionally disturbed and who exhibits some autistic-type behaviors. In order for Justin to benefit from education, he needs a great deal of behavior...
Why does condensation form most rapidly on the coldest object in a roomfor example, on a glass of ice water?
A glass manufacturer produces hand mirrors. Each mirror is supposed to meet company standards for such things as glass thickness, ability to reflect, size of handle, quality of glass, color of...
Consider the electron in a hydrogen atom traveling in a circular orbit. Show that according to the principles of matrix mechanics the electron's angular momentum commutes with the Hamiltonian. What...
Addeco SA is the worlds largest temporary employment company. It lost several major accounts because customers felt it was not adequately serving their complex staffing needs. It announced that it...
As reported in The Wall Street Journal (September 11, 1989), MiniScribe, Inc., inflated its reported profits and inventory through a number of schemes designed to fool the auditors. At that time,...
Cendant Corporation has been the subject of an intensive fraud investigation. A look at the company's web site reveals the following statements contained in a report given to the Scathe Company sold...
What are the vulnerabilities of embedded operating systems, such as, but not limited to, IoT devices, programmable logic devices, and vehicle control systems.
Factor the polynomial completely. 7x-17x-12
What are some relevant recommendations about Coca-Cola's Planning, Design, and Implementation of an Enterprise Resource Planning System that other companies can apply to their own initiatives?

Refer to the Auditing in Practice feature, Dual-Purpose Tests. What is a dual-purpose test, and why might

Question:

Step by Step Answer:

A dual purpose test is a substantive test and a related test of a relevant control that are perfor...View the full answer

Auditing a risk based approach to conducting a quality audit

Students also viewed these Auditing questions