Which of the following procedures would an auditor least likely perform before the year-end balance sheet date? (Points : 2)

Identification of related parties. Observation of merchandise inventory. Confirmation of accounts payable. Assessment of control risk.

In a computerized payroll system environment, an auditor would be least likely to use test data to test controls related to: (Points : 2) agreement of employee time reported on clock cards with time reported on job reports. proper approval of overtime by supervisors. the discovery of invalid employee ID numbers. the allowance of excessive overtime (more hours than allowed by company).

According to the Statements on Standards for Consulting Services (SSCS), which of the following events would require a CPA performing a consulting services engagement for a nonissuer client to withdraw from the engagement? I. The CPA has a conflict of interest that is disclosed to the client, but the client consents to the CPA continuing the engagement. II. The CPA fails to obtain a written understanding from the client concerning the scope of the engagement.

Which of the following procedures would an auditor most likely perform in auditing the statement of cash flows? (Points : 2)

Vouch all bank transfers for the last week of the year and the first week of the subsequent year. Compare the amounts included in the statement of cash flows to similar amounts in the prior year's statement of cash flows. Reconcile the bank cutoff statements to verify the accuracy of the year-end bank balances. Reconcile the amounts included in the statement of cash flows to the other financial statements' balances and amounts.