3 Which of the following is incorrect about contributory negligence?

		It is established by the AWA case.
		If directors are also negligent, each party is held accountable in proportion to their guilt.
		It is established by the Scott case.
		An auditor cannot use it as a defence where there has been a breach of contract.

7Which of these would not be considered corroborating information?

		The accountants worksheet.
		Management representation letter.
		Confirmation from vendors.
		Oral evidence obtained from client personnel.

9When the client management refuses to disclose critical information regarding the high risk of a going concern, which of the following actions is the auditor most likely to take?

	a.	issuing an unqualified audit opinion with an emphasis of matter paragraph.
	b.	issuing an adverse audit opinion with an other matter.
	c.	issuing an adverse audit opinion with an emphasis of matter paragraph.
	d.	issuing a disclaimer of opinion with an emphasis of matter paragraph.

10When a client brings forward sales invoices from the next to the current financial year, which of the following accounts and its assertions are most likely at risk?

	a.	sales accounts, cut-off.
	b.	accounts receivable, occurrence.
	c.	sales accounts, existence.
	d.	accounts receivable, completeness.

11Which of the following evidence is the most reliable?

	a.	Valuation reports conducted by internal auditors.
	b.	Worksheets provided by clients accountants.
	c.	Customer confirmations held by the client.
	d.	Bank confirmations sent directly to the auditor.