audit accounting

9. SOX and AS 3101 mandates that, in addition to the financial statements and related disclosures, which two reports also are required? (2 points) (a) Management financial statements & the independent auditor's report. (b) An opinion on the effectiveness internal controls & an opinion on the financial statements be issued. (The independent auditor's report & a subsequent event analysis. DY A report, prepared by management, on the effectiveness of the entity's internal controls over Mnancial reporting & A report, prepared by the auditors, on the effectiveness of the entity's Internal controls over financial reporting. 10. True or False. A dual direction test can not be a dual purpose test. (2 points) 11. The written representation letter is sent to who? 2 points) falUpper Management (b) The audit committee / board of directors c) The auditors (d) The former auditors 12. Which of the following is the date on which the auditor obtained sufficient appropriate evidence up to? (2 points) (a) The audit report release date The financial statement date The date of the auditor's report (d) The Interim completion date 13. A. What is check iting? (2 points) And B. What audit document do auditors use to test for It? (1 point) 14. Segregation of duties, preventative controls, physical controls and reconciliations are all what? (2 points) (a) Tests (b) Examples of actual controls C) Assertions d) Types of controls 15. If there is a going-concern uncertainty, where is it included or documented for the user of the financial statements. (2 points) @ The written representations letter other matter paragraph ( In the audit work papers (d) An emphasis of matter paragraph