Exam (elaborations)
Aue2601 Assignment 6 semester 2 2023
- Course
- Institution
The document contains Assignment question Together with answers Distinction Guaranteed 100% multiple Attempts done Whtsapp
[Show more]
Seller
Follow
SmartTutors
Reviews received
Content preview
11/9/23, 10:13 AM AUE2601-23-S2: Assessment 6 Dashboard Calendar
Dashboard / My courses / AUE2601-23-S2 / Welcome Message / Assessment 6
Assessment 6
792699
Attempts allowed: 2
This quiz opened at Thursday, 9 November 2023, 8:00 AM
This quiz will close on Friday, 10 November 2023, 11:00 PM.
To continue with this quiz attempt you must open your webcam, and it will take some of your pictures randomly during the quiz.
Time limit: 1 hour 30 mins
Grading method: Highest grade
Summary of your previous attempts
Attempt State Grade / 60.00 Review
1 Finished 59.00
Submitted Thursday, 9 November 2023, 11:13 AM
Highest grade: 5 ..00.
Re-attempt quiz
Jump to...
You are logged in as RISUNA PRIDE MUHLARHI (Log out)
AUE2601-23-S2
Data retention summary
Get the mobile app
https://cas.myexams.unisa.ac.za/mod/quiz/view.php?id=70257 1/1
,11/9/23, 9:38 AM Assessment 6 (page 1 of 15)
Dashboard Calendar
Dashboard / My courses / AUE2601-23-S2 / Welcome Message / Assessment 6
Question 1
Not yet answered
Marked out of 2.00
The Audit Profession Act stipulates the circumstances under which the auditor may issue an unqualified audit opinion. The following
are possible circumstances:
1 The accounting records were kept in at least one of the official languages of the Republic.
2 The auditors were able to gather audit evidence to provide absolute assurance on the fairness of the financial statements.
3 The audit was carried out free from restrictions.
4 The auditors were able to satisfy themselves of the existence of all assets and liabilities shown in the financial statements.
Choose the option that correctly indicates the circumstances under which the auditor may issue an unqualified audit opinion:
Select one:
a. 1, 3 and 4
b. 2, 3 and 4
c. 1, 2 and 3
d. 1, 2 and 4
Clear my choice
Time left 1:25:18
https://cas.myexams.unisa.ac.za/mod/quiz/attempt.php?attempt=181924&cmid=70257 1/2
,11/9/23, 9:38 AM Assessment 6 (page 1 of 15)
Question 2
Not yet answered
Marked out of 2.00
Dashboard Calendar
Which one of the following statements regarding the auditor’s report is correct in terms of the International Standards on Auditing
Dashboard
(ISAs)? / My courses / AUE2601-23-S2 / Welcome Message / Assessment 6
Select one:
a. The audit report should be signed by the audit engagement partner as well as the chairperson of the audit committee since the
audit committee was responsible for the appointment of the auditors.
b. The audit report of a company must be addressed to the audit committee of the company because they are responsible for the
preparation of the financial statements.
c. The date of the audit report should be no earlier than the date on which the auditor finished obtaining sufficient, appropriate
audit evidence.
d. An unmodified audit report must be issued if there are uncorrected material misstatements in the financial statements.
Clear my choice
Jump to...
https://cas.myexams.unisa.ac.za/mod/quiz/attempt.php?attempt=181924&cmid=70257 2/2
, 11/9/23, 9:41 AM Assessment 6 (page 2 of 15)
Dashboard Calendar
Dashboard / My courses / AUE2601-23-S2 / Welcome Message / Assessment 6
Question 3
Not yet answered
Marked out of 2.00
The following is an extract from the annual financial statements of Protective Gear Limited for the year ended 30 June 2020:
Statement of financial position 2020 2019
Investments R23 567 000 R20 341 200
Choose the option that classifies investments correctly and indicates the correct management assertions pertaining to investments.
Select one:
a. Investments is an account balance and the assertions pertaining to investments include existence, rights and obligation,
completeness, valuation and allocation, classification and presentation.
b. Investments is a class of transaction and the assertions pertaining to investments include completeness, occurrence, cut-off,
classification, accuracy and presentation.
c. Investments is a class of transaction and the assertions pertaining to investments include completeness, existence, cut-off,
classification, accuracy and presentation.
d. Investments is an account balance and the assertions pertaining to investments include occurrence, rights and obligation,
completeness, cut-off, classification and presentation.
Clear my choice
Time left 1:22:06
https://cas.myexams.unisa.ac.za/mod/quiz/attempt.php?attempt=181924&cmid=70257&page=1 1/2
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller SmartTutors. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $4.98. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
83100 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now