22)Star audit firm have started the annual audit of Carrefour Muscat. The auditors have a long meeting with their management. Their target is to conduct the audit during one week. The auditors have started their work. Identify which of the following is related to their audit process.

Create audit procedure and plan

Discussing corrective action plan

Conduct interviews

Identifying the risk

23)Employees sometimes misunderstand instructions and make mistakes. Errors may result from new technology and the complexity of system. Identify which one of the following is a limitation of internal controls.

Collusion

Management Override

Breakdown

Judgment

24)Which one of the following will not be included in Assurance engagements?

A type of report to be produced at the beginning of the engagement

An engagement letter agreeing terms

A decision on methods to gather and evaluate evidence to support a conclusion

A type of report to be produced at the end of the engagement