Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

4) Please solve all the questions, and please write the question number before answering, I just want the answer code please help.I will not forget

4)Please solve all the questions, and please write the question number before answering, I just want the answer code please help.I will not forget your favor ,principales of auditing image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
Question 17 Not yet answered Marked out of 1 P Flag question Statement I: Reliable accounting data is needed for effective decisions. Statement II: Control system is needed to be evaluated for adequate understanding. Which of the above Statements are relevant for an auditor? a. Statement ! O b. Neither I nor II O c. Both I and II O d. Statement li Question 18 Not yet answered Marked out of 1 P Flag question Read the lists of items given below and chose the correct match from the alternatives. 1. Control A. Provide the Environment foundation 2.Monitoring B. Achievement Activities of the entity's objectives 3. Control C. Activities Implementation and operation O a. l-C, 2-A, 3-B o b. 1-B, 2-C, 3-A O c. 1-A,2-0,3-B O d. 1-A, 2-B 3-C Question 19 Not yet answered Marked out of 1 P Flag question A risk workshop is conducted by an auditor with his team to assess the type and level of risk he is likely to face in an audit engagement. Such workshop is conducted at the time of: O a. Closing Meeting O b. Opening meeting O c. Drafting a Report O d. Preparation of audit plan Question 20 Not yet answered Marked out of 1 P Flag question Reliable accounting data is necessary: O a. To show better financial position b. To make appropriate decisions O c. To provide more employment O d. To show more profit Question 21 Not yet answered Marked out of 1 P Flag question After conducting an audit, an auditor has identified certain issues with the financial reports. What should he do with his findings? O a. Discuss with the management in a closed meeting O b. Request the audit team to make changes. OC. Planning for the audit again O d. Schedule an open meeting with the staff

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions

Question

What is the function of a cash budget? A capital budget?

Answered: 1 week ago

Question

conduct a SWOT analysis for Panera bread

Answered: 1 week ago

Question

4. Describe the role of narratives in constructing history.

Answered: 1 week ago

Question

1. Identify six different types of history.

Answered: 1 week ago