Aui3702 exam notes - Study guides, Class notes & Summaries

AUI3702 EXAM PACK.QUESTION 1 MCQ 1-D 2-A 3-A 4-C 5-D 6-D 7-D 8-B 9-C 10-B QUESTION 2 2.1. Weaknesses Controls Overtime hours are not approved by section head of supervisors and employees work overtime as the feel. Having to work overtime should be approved by the section head or the supervisors The security personal who mans the entrance is only in place during busy Security personnel should be present at all times to ensure that employees clocks S - The study-notes mark...

AUI3702 EXAM PACK. Establish the objectives of the sampling plan -define the extent and composition of the population -select a sampling method -determine the sample size to be taken -evaluate and report results 3.2. Calculate sample size Sample size = total value of population/J Factor = 500 000/10869,6 = 46.10 Calculation of J Factor = precision Reliability factor =(0,05 x 500 000)/2.3 =10869,6 Sample interval = total value of PP/Sample size 500 000/46,10 =10845,99 3.5. Ratio ...

Chapters 8: Risk of Fraud an Illegal Acts 1. Corruption a. Acts in which individuals wrongfully use their influence in a business transaction in order to procure some benefit for themselves or another person 2. Common fraud perpetrator red flags a. Living beyond their means b. Experiencing financial difficulties c. Excessive organizational pressure 3. Fraud a. Any illegal act characterized by deceit, concealment, or violation of trust 4. Misappropriation of assets a. Pilferage b. Emb...

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