Question 1 Provide the control objectives the auditor must ensure when auditing the acquisition and payment cycle audit [10 marks]

Question 2 Explain why auditors today need to provide key audit matters in their audit report of the company. [10 marks]

Question 3 Explain when performing an auditor, the auditor could sometimes be permitting the sum of the tolerable misstatement to exceed overall materiality. [10 marks]

Question 4 Describe the five (5) parts of the audit of the inventory cycle. [10 marks]

Question 5 Explain the five (5) conditions which are required to issue the standard unqualified audit report. [10 marks]

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