Question
1.Audit sampling is commonly used for which type of audit evidence: * a.Analytical procedures b.Confirmation c.Observation d.Scanning 2.All receivables are carried at full amount and
1.Audit sampling is commonly used for which type of audit evidence: *
a.Analytical procedures
b.Confirmation
c.Observation
d.Scanning
2.All receivables are carried at full amount and the company is neglecting the fact of bad debts. The company valuated the following assertion: *
a.Accuracy
b.Classification
c.Existence
d. Valuation and allocation
3.The auditor is reviewing the general ledger for unusual large entries. This is an example of: *
a.Scanning
b.Recalculation
c. Vouching
d. Inspection of records and documents
4.Audit sampling is not used for which type of audit evidence: *
a.Inspection of records and documents
b.Inspection of tangible assets
c.Observation
d.Recalculation
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