Question #1: Which items are matters of governance interest that an auditor would wish to discuss with those charged with governance?

a. all of the above

b. material uncertainties related to events and conditions that may cast significant doubt on the entitys ability to continue as a going concern

c. the potential effect on the financial statements of any material risks and exposures

d.the general approach and overall scope of the audit

Question #2: An auditor may prepare or provide an opinion on information other than general purpose financial statement information, on all the following engagements except for which one of the following?

a. reports on compliance with contractual agreements.

b. reports on the component of the financial statements.

c. reports prepared in accordance with a special purpose framework.

d. reports on the expected market value of the shares price for the following five years.

Question #3:

Jonathon Carr is performing the audit of Axis Limited. Jonathon is responsible for performing roll-forward procedures. Which one of the following describes why a roll-forward procedure is performed?

a. to update the audit findings from the time of the interim procedures through to year end.

b. to setup the current years audit working papers.

c. to detect fraud in various balance sheet accounts.

d. to close out all accounts before the end of the financial year.