Question
11-The auditor is computing invoice total by multiplying item price by quantity sold. This is an example of Reperformance. * True False 12-The auditor sets
11-The auditor is computing invoice total by multiplying item price by quantity sold. This is an example of Reperformance. *
True
False
12-The auditor sets the materiality at a low level. This case is related to detection risk. *
True
False
13-To test the rights and obligation assertion, the auditor could examine invoices related to payments made after year end to determine if they were properly recorded. *
True
False
14-Expected population deviation rate has an inverse relationship with sample size. *
True
False
15-Sale transaction happened but the company fails to record it. In this case, the company violated the completeness assertion. *
True
False
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