Test Bank for Auditing: A Risk-Based Approach, 12th Edition by Karla M. Zehms
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Course
CGAP - Certified Government Auditing Professional
Institution
CGAP - Certified Government Auditing Professional
Test Bank for Auditing: A Risk-Based Approach 12e 12th Edition by Karla M. Zehms, Audrey A. Gramling, Larry E. Rittenberg. ISBN 1872
Full Chapters test bank are included.
1. Quality Auditing: Why It Matters.
2. The Auditor’s Responsibilities Regarding Fraud and Mechanisms to Address Fraud:...
1. The need for independent assurance arises because the interests of the users of information may be different
from the interests of those responsible for providing information.
a. True
b. False
ANSWER: True
POINTS: 1
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES:AUD.ZEHMS.24.01.01 - Define financial statement auditing in relation to decision makers’
demands for reliable financial and internal control information
NATIONAL STANDARDS: United States - BUSPROG: Comprehension
STATE STANDARDS: United States - AK - AICPA BB-Critical thinking
DATE CREATED: 5/26/2023 4:48 AM
DATE MODIFIED: 5/26/2023 4:49 AM
2. A financial statement audit is a systematic process of objectively obtaining and evaluating evidence.
a. True
b. False
ANSWER: True
POINTS: 1
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: AUD.ZEHMS.24.01.01 - Define financial statement auditing in relation to decision makers’
demands for reliable financial and internal control information
NATIONAL STANDARDS: United States - BUSPROG: Comprehension
STATE STANDARDS: United States - AK - AICPA BB-Critical thinking
DATE CREATED: 5/26/2023 4:59 AM
DATE MODIFIED: 5/26/2023 5:00 AM
3. A bank using Milton Company's financial statements to evaluate Milton’s loan application is an example of a
user’s need for unbiased reporting.
a. True
b. False
ANSWER: True
POINTS: 1
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES:AUD.ZEHMS.24.01.01 - Define financial statement auditing in relation to decision makers’
demands for reliable financial and internal control information
NATIONAL STANDARDS: United States - BUSPROG: Comprehension
STATE STANDARDS: United States - AK - AICPA BB-Critical thinking
DATE CREATED: 5/26/2023 5:01 AM
DATE MODIFIED: 5/26/2023 5:02 AM
4. An integrated audit requires the auditor to assess the effectiveness of internal controls.
. Page 1
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