please answer all the questionss.,.within 30 minutes. make sure the explanation and reasons are explained in very detailed manner as in why the chosen option is right and why other options are wrong. else leave it for other tutor otherwise i will give negative ratings and will also report your answer for unprofessionalism. Make sure the answer is 100% correct and IS NOT COPIED FROM ANYWHERE ELSE YOUR ANSWER WILL DOWNVOTED AND REPORTED STRAIGHTAWAY. USE YOUR OWN LANGUAGE WHILST WRITING.

ATTEMPT THE QUESTION ONLY IF YOU ARE 100% CORRECT AND SURE. ELSE LEAVE IT FOR ANOTHER TUTOR. BUT PLEASE DONT PUT WRONG ANSWER ELSE I WILL REPORT.

Make sure all the options whether correct or incorrect are explained properly. Dont just tell what option is correct and its reasoning clearly show the reasoning why the options are incorrect as well. Otherwise i will report the answer for sure and downvote it.

Which of the following experts would be more objective? expert who owes money to the client expert is related to the chief financial officer of the client expert is completely independent of the client expert is a past employee of the company Invoices, bank statements, and minutes of meetings are all examples of computational evidence. documentary evidence. verbal evidence. physical evidence. Which of the following would provide evidence using the evidence-gathering technique of recalculation? checking the mathematical accuracy of the depreciation expense speaking to the accounting manager about why expenses increased estimating the rent revenue by multiplying the number of rooms by the average rent charged watching the inventory count performed by the client Which of the following describes how the auditor tests for cut-off? auditor searches for evidence to verify that a recorded transaction took place and relates to the entity auditor searches for transactions and makes sure these have been recorded auditor searches for evidence that transactions have been recorded at appropriate amounts auditor searches for evidence that transactions have been recorded in the correct accounting period What is the required record-keeping period for the auditor's working papers? 10 years 6 months 1 year 5 years Which of the following is NOT an example of externally generated evidence sent directly to the auditor? responses to legal letters payable confirmations supplier invoices bank confirmationsIThe auditor's decision as to what constitutes sufficient appropriate audit evidence is a matter of professional Judgem ent. Which of the following is NOT part of this decision? their understanding of the client the significant risks identified management's opinion the evidence gathered when executing the audit 8. Which of the following describes how the auditor tests for the rights and obligations of assets? auditor searches for evidence to verify that assets are owned by the entity auditor searches for evidence to verify that assets have been recorded at appropriate amounts and allocated to correct general ledger accounts auditor searches for assets and ensures that they have been recorded auditor searches for evidence to verify that assets included in the account balances which appear in thefinancial statements are real 9. When an auditor searches for evidence to verifythat a recorded transaction or event took place and relates to the entity, the auditor is testing for accuracy. classification. completeness. occurrence. Which of the following does NOT describe sufficient appropriate audit evidence? the sufficiency of evidence is a matter of professional scepticism sufficiency relates to the quantity of evidence the quality of evidence affects the quantity required appropriateness relates to the duality of evidence Which of the following is NOTa reason that auditors ensure they understand an entity's internal controls? required by auditing standards provides evidence of inherent risks component of the overall audit risk assessment influences the audit strategy An observed condition that provides evidence that the control being tested did not operate as intended is known as afnjl compensating control. invalid control. control strength. control exception. A sequence test is perform ed on the payroll information to en sure all employee numbers have been accounted for. What type of control is this? input control processing control output control logical access control Transactions need to be classified appropriately. This internal control objective relates to all of the following assertions EXCEPT for completeness. allocation. accuracy. valuation. Which of the following would NOT be used by the auditor when determining which internal control deficiencies should be communicated to management? consultation with other audit team members professional Judgement determination of the significance of the weakness professional scepticism The risk that an auditor expresses an inappropriate audit opinion when the financial statements are materially misstated is defined as detection risk. inherent risk. audit risk. business risk. which of the following accurately describes a checklist or preformatted question naire? highlights key activities from initiation to reporting as well as describing what happens in the flow of tran sactions involves the auditor describing in words each step of the flow of transaction from start to finish systematically identifies the most common types of internal control procedures that should be present involves the auditor summarizing in boxes each step of the flow of transaction from start to finish which of the following accurately describes the narrative form of documentation? involves the auditor summarizing in boxes each step of the flow of transaction from start to finish involves the auditor describing in words each step of the flow of transaction from start to finish systematically identifies the most common types of internal control procedures that should be present highlights key activities from initiation to reporting as well as describing what happens in the flow of tran sactions After controls have been tested, the auditor's next step is to perform substantive testing. document the work. form an audit opinion. create an audit plan. Which of the following is NOT specifically addressed by internal control objectives? amount of inventory recorded timing of revenue recognition entries disclosure in the statements recording of cash receipts