Answered step by step
Verified Expert Solution
Question
1 Approved Answer
7) 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
7) 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
Question 32 Not yet answered Marked out of 1 P Flag question An information contained in the financial statements is considered as material if: O a. It relates to the raw material O b. It can influence the decision of users O c. It relates to assets of the business O d. It is relevant to the competition Question 33 Not yet answered Marked out of 1 P Flag question What is the appropriate test for verifying whether a procedure as per the system is followed? a. Tests of Materiality b. Tests of Independence O c. Test of Controls O d. Test of Balances Question 34 Not yet answered Marked out of 1 Flag question The audit evidence obtained is considered as good if it is O . a. Brief, different and questionable O b. Concise, unique and interchangeable O c. None of these d. Sufficient, Relevant and Reliable Question 35 Not yet answered Marked out of 1 P Flag question Investigating unusual fluctuations in significant financial ratios refer to: a. Confirmation b. Inspection c. Independent execution d. Analytical Procedure Question 36 Not yet answered Marked out of 1 P Flag question To verify the effectiveness of policies and procedures, an auditor may use.......... a. Test of Balance b. Tests of Control O c. Tests of Details O d. Substantive Test Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started