Question: Please answer the following for me Question 3 - Auditing standards require that the audit report must be titled and that the title must include
Please answer the following for me
Question 3 - Auditing standards require that the audit report must be titled and that the title must
| include the word "independent." | |
| indicate if the auditor is a proprietorship, partnership, or corporation. | |
| indicate the type of audit opinion issued. | |
| indicate if the auditor is a CPA. |
The objective of an audit of the financial statements is an expression of an opinion on
(3pts)
Question 6 - The objective of an audit of the financial statements is an expression of an opinion on
| the accuracy of the balance sheet and income statement. | |
| the accuracy of the financial statements. | |
| the accuracy of the annual report. | |
| the fairness of the financial statements in all material respects.
|
11)
Which of the following is not one of the three primary objectives of effective internal control?
(3pts)
Question 11 - Which of the following is not one of the three primary objectives of effective internal control?
| compliance with laws and regulations | |
| assurance of elimination of business risk | |
| efficiency and effectiveness of operations | |
| reliability of financial reporting |
14)
Factors that determine the auditor's willingness to accept a document as reliable evidence include
(3pts)
Question 14 - Factors that determine the auditor's willingness to accept a document as reliable evidence include
| whether it is internal or external. | |
| whether it was created and processed under conditions of effective internal control. | |
| whether it is an original document or a photocopy. | |
| All of the above
|
15)
Question 15 - Auditor judgment is the primary determinant in determining the amount of evidence gathered.
True False
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