audit accounting

18. The false) Ansit can seanwhere on if the written representation letters of received from management (2) 17. (A) Describe a substantive procedure used to test AS () AND (0) these in the procedure stated in (A) provides evidence foto) 18. Which of the following is a risk to the process of disbursing cash points) (a) Associates are writing down the wrong quantity on the sales orders () Purchase requisitions are approved, but in sales invoice is received Liabilities are recorded before items are spoed (d) A cafeteria worker is stealing blank checks 19. Items that occur after the date of the auditor's report are called? (2 points) Non-material issues ) Going-concern events Subsequent events d) Subsequently discovered facts 20True or False Analytical procedures that are performed near the end of the audit assess the overall detiquacy of the evidence gathered and conclusions reached during the audit and are not required by GAAS (2 points) 21. What part of a standard auditor's report is modified when an adverse opinion is expressed? (2 points) The opinion paragraph (b) Every paragraph (The introductory paragraph (d) The auditor's responsibility section 22. Which of the following is sent from the auditors to the client after the audit? (2 points) ) Attorney letter (b) Engagement letter (c) Written representation letter (d) Management letter 23. Which of the following is a part of the final steps in completing the audie? (2 points) (a) Dual dating the financial statements (b) Performing the rollover method for accumulating misstatements Rolling forward conclusions from the beginning of fieldwork to the end of fieldwork The audit report release date True or False. A subsequent event includes conditions that existed as of the financial statement date that the auditor became aware of after the financial statement date and before the completion of the audit. (2 points) 40 18. The false) Ansit can seanwhere on if the written representation letters of received from management (2) 17. (A) Describe a substantive procedure used to test AS () AND (0) these in the procedure stated in (A) provides evidence foto) 18. Which of the following is a risk to the process of disbursing cash points) (a) Associates are writing down the wrong quantity on the sales orders () Purchase requisitions are approved, but in sales invoice is received Liabilities are recorded before items are spoed (d) A cafeteria worker is stealing blank checks 19. Items that occur after the date of the auditor's report are called? (2 points) Non-material issues ) Going-concern events Subsequent events d) Subsequently discovered facts 20True or False Analytical procedures that are performed near the end of the audit assess the overall detiquacy of the evidence gathered and conclusions reached during the audit and are not required by GAAS (2 points) 21. What part of a standard auditor's report is modified when an adverse opinion is expressed? (2 points) The opinion paragraph (b) Every paragraph (The introductory paragraph (d) The auditor's responsibility section 22. Which of the following is sent from the auditors to the client after the audit? (2 points) ) Attorney letter (b) Engagement letter (c) Written representation letter (d) Management letter 23. Which of the following is a part of the final steps in completing the audie? (2 points) (a) Dual dating the financial statements (b) Performing the rollover method for accumulating misstatements Rolling forward conclusions from the beginning of fieldwork to the end of fieldwork The audit report release date True or False. A subsequent event includes conditions that existed as of the financial statement date that the auditor became aware of after the financial statement date and before the completion of the audit. (2 points) 40