1.Transitions of Vouching and Tracing

2.Cite and describe a core value to be observed by an auditor in gathering audit evidence

3.Absolute gridline between planning and fieldwork phase

4.The major objective of risk assessment in the planning phase

5.Planning is only done once and always at the beginning of the engagement

6.Give a situation that causes bottleneck and cite a specific financial statement account/s that would be affected

7.Between MTS and MTO, which is more favorable in terms of facility-wide overhead cost utilization? Why?

8.Give one deciding factor to consider in considering to outsource

9.Give one means to improve profitability through appropriate inventory management

10.What is the impact of facility structure on efficiencies on production?