multiple choice :

1) Dual purpose audit procedures...

a.provides substantive and control purpose evidence for the same test

b.provides evidence for the completeness and validity assertions

c.tests both balance sheet and income statement accounts

d.provides audit and review evidence for the same test

2) Which of the following is false regarding procedures performed over bank reconciliations?

a.Reconciling items are vouched 100% to support

b.The reconciliation is recalculated

c.The bank confirms the bank balance

d.The auditor obtains the cutoff bank statement directly from the auditee

3) The main purpose of the bill of lading is to

a.provide evidence of the delivery of goods

b.bill customers for goods

c.allow the shipping department to collect goods to be shipped to customers

d.all of the above