Please answer all five questions WITHOUT explanation

Which of the following services is an assurance service? Select one: a. Checking the client's report to be lodged to the relevant government department for compliance with legislative obligations of a government grant. b. Identifying for the client new risks that arise from a changing business environment. c. Providing the client with advice on accounting policies and accounting standards. d. Attending stocktakes in remote locations identified by the Board and checking compliance with stocktake instructions only, as instructed by the Board. Which of the following auditing procedures is ordinarily performed last? Select one: a. Obtaining a management representation letter. b. Reading the minutes of the directors' meetings. c. Enquiry management about related party transactions. d. Confirming accounts receivable. Next page You are assigned to the audit of Orion Limited, a large proprietary company with offices in all major cities of Australia, for the year ending 30 June 2019. The Perth branch has been experiencing a higher than usual level of sales returns owing to a fungus being discovered in a batch of cheese products. What is the key assertion at risk for inventory due to this event? Select one: a. Completeness b. Existence. c. Rights and Obligations. d. Valuation and Allocation. Cash is more susceptible to theft than an inventory of cement. What is the component of audit risk that is most directly illustrated? Select one: a. Business risk. b. Detection risk. c. Inherent risk. d. Control risk. During a performance audit of Health Services, the auditor has compared the number of doctors taking up employment in rural areas before and after the government incentives being carried out in this area. This is a test of Select one: a. Economy b. Compliance c. Efficiency d. Effectiveness