Question: #JUST WRITE THE ANSWER (A/B/C) BY NUMBERS, I ONLY HAE 15 MINUTES. PLEASE HELP ME. 21. which audit procedure involves rechecking sample of computations? a.anylysis

#JUST WRITE THE ANSWER (A/B/C) BY NUMBERS, I ONLY HAE 15 MINUTES. PLEASE HELP ME.

21. which audit procedure involves rechecking sample of computations?

a.anylysis procedures

b.obervation.

c.re-performance

22. which term refers to internal control operating throughout the period of intended trust?

a. effectiveness

b.existence

c.continuity

23. how can audit efficiency be promoted in the preplanning stage?

a. by establisihing the term of the engagement.

b. by identifying the clients reason for the audit

c. by selecting the proper staff.

24. why is a review on internal control system important?

a. it introduces the etical behaviors.

b. it reduces the possibility of errors.

c. it helps to retain employees from resigning.

25. which category of management assertion states that assets and liabities must be disclosed in the financial statement?

a. completeness

b.rights

c,. existence

26. which element elates to internal control?

a.information system

b. management report

c. financial reports

27. which risk is affected by industry related factors?

a.monitoring risk

b. control risk

c.inherent ris.

28. which is proper authorization can be considered as an important control mechanism?

a. to ensure that all dicuments are properly kept.

b. to ensure the auditors apply professional skepticism i their jobs.

c. to ensure that sale is bille correctly according to the company policy.

29. which falls fitth in a standard unqualified audit report based on ISA 7000?

a. auditors respnsibilyty

b. scope parapgraph

c.managements rsponsibilty

30. which financial indicator can be used as a guidance to evaluat a companys going cncern?

a.substancial operating losses

b. non compliance with statutory requirement

c. loss of a major franchise

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