1) IF the management intentionally overstate or understate the numbers in the financial statements, then themanagemenl have committed :

Answer) ............................

2) The management's assertion that relates to the title ownership of an asset is:

Answer) ............................

3) The fourth Phase in the audit Process is:

Answer) ...........................

4) Unintentional misstatements of the financial statements are known as.

Answer) ............................

5) The management's assertion that indictes that the a counts in the Financial statements are recorded in the correct amount is:

Answer) ...........................

6) The audit objective that relates to the idea that the transactions near the Financial statements dates are recorded in the Proper Period is:

Answer) ...........................

7) The management's assertion that indicates that all of the economic vents that are supposed te be recorded were properly recorded is.

Answer) ...........................

8) Intentional misstatements of the financial slatement are known as:

Answer) ............................

9) To be more efficient and effective, auditors usvally divide closely related transactions into:

Answer) ...........................

10) The audit objective that relales to the idea that the account balance agree with the related master File amounts, Feat to the Total in the account balance, and agree with the toted in the general ledger is :

Answer) ...........................

11) The audit objective that relates to the idea that the amounts included are stated at the correct amouts is :

Answer) ...........................

12) Embezzling cash from the company's cash register is considered

Answer) ............................

Missre Pres XXX

13)_________is what Separates an error From a fraud.

Answer) ...........................

14) The managements assertion that indieates that all of the economic events are recorded at the proper:

Answer) ...........................

15) Implied ore expressed refresentations by the management about the classes of transactions, relatedaccaunt balances, and presentation and disclosures in the Financial statements refers to:

Answer) ...........................

16) Auditors are obligated to Provide _________ assurance.

Answer) ...........................

17) The management's assertion that indictes that the liabilities were correctly catogarized in the liabilities section:

Answer) ...........................

18) we should not assume the management reporting's honesty, we also should not assume the reporting'sdishonesty, is an example of :

Answer) ...........................

19) The audit objective that relates to the ided that the existing amounts are included in company's books is :

Answer) ...........................

20) The resPonsibility for adapting sound accounting Policies, maintaining adequate internal control, and making Fair representation in the Financial statement rests with :

Answer) ...........................