1. Amir had found the following two questions on his final exam 1. Which of the following controls would be of concern to management but not to the auditor? He answered: Controls over health and safety guidelines compliance by employer 2. Which of the following controls would not be of concern to the auditor? He answered: Controls over the collection of accounts receivable amounts

• A. Only statement 1 is true
• B. Only statement 2 is true
• C. Both statements 1 and 2 are true
• D. Neither statements 1 or 2 are true.

1. Cammie, who works for a large Public Accounting firm had a conversation with the accounting personnel and documented information about how their accounting systems function. He also placed copies of accounting forms in his files. He was performing evidence gathering.

2. It is important for the auditor to be competent because otherwise, the auditor might not be as knowledgeable of the subject matter and the criteria.

1. Only statement 1 is true
2. Only statement 2 is true
3. Both statements 1 and 2 are true
4. Neither statement 1 nor 2 is true

1. Liam mentioned that using observation is a great way to test classification assertion of property, plant and equipment.

2. Pete felt that using internal documents is better than using external confirmations, because internal documents are audited.

1. Only statement 1 is true
2. Only statement 2 is true
3. Both statements 1 and 2 are true
4. Neither statements 1 nor 2 is true