6-The auditor is counting petty cash on hand. This is an example of: *

Analytical procedure

Reperformance

Scanning

Inspection of tangible assets

7-Which of the following is a factor that relates to incentives to misappropriate assets? *

High turnover of accounting, internal audit and information technology staff

Significant personal financial obligations

Management's practice of making overly aggressive forecasts

Significant accounting estimates involving subjective judgments

8-Mauro Inc. changed its method of computing depreciation on plant assets from the straight-line method to the double-declining balance method in 2017. The effects of the change were not material, the auditor concurred with and accepted the change, and the change was properly disclosed in the financial statement footnotes. In this case, the auditor would issue a (an): *

Qualified opinion

Adverse opinion

Unqualified opinion

Unqualified opinion plus an explanatory paragraph

9-The auditor is checking if any accrued and prepaid expenses have been accounted for correctly in the year-end financial statements. This is an example of the testing of: *

Cutoff

Existence

Occurrence

Classification

10-Audit entity owns or controls the inventory recognized in the financial statements. This is an example of: *

Classification

Existence

Rights and obligations

Valuation and allocation