Test Bank for Auditing & Assurance Services A Systematic Approach 12e Messier 2024 || All Chapter ( 1-21 ) A+
150 vues 6 fois vendu
Cours
Auditing & Assurance Services A Systematic 12e
Établissement
Auditing & Assurance Services A Systematic 12e
Book
Loose-leaf for Auditing and Assurance Services
Test Bank for Auditing & Assurance Services A Systematic Approach 12e Messier 2024 || All Chapter ( 1-21 ) A+
Chapter 1
Student name:__________
1) Why do auditors often use a sampling approach to evidence gathering?
1) ______
A) Auditors are experts and do not need to look at much to know whe...
Solution Manual For Auditing & Assurance Services: A Systematic Approach, 12th Edition By William Messier Jr, Steven Glover, Verified Chapters 1 - 21, Complete Newest Version
Solution Manual For Auditing & Assurance Services: A Systematic Approach, 12th Edition By William Messier Jr, Steven Glover, Verified Chapters 1 - 21, Complete Newest Version
Test Bank for Auditing & Assurance Services A Systematic Approach 12th edition [Messier 2024] || All Chapter ( 1-21 ) A+.
Tout pour ce livre (45)
École, étude et sujet
Auditing & Assurance Services A Systematic 12e
Tous les documents sur ce sujet (5)
Vendeur
S'abonner
TestsBanks
Avis reçus
Aperçu du contenu
Test Bank for
Auditing & Assurance Services A Systematic Approach 12e Messier
Chapter 1-21 Answers are at the End of Each Chapter
Chapter 1
Student name:__________
1) Why do auditors often use a sampling approach to evidence gathering?
1) ______
A) Auditors are experts and do not need to look at much to know whether the financial
statements are correct or not.
B) Auditors must balance the cost of the audit with the need for precision and for some types of
evidence, computer data analytic approaches can’t be used.
C) Auditors must limit their exposure to their auditee to maintain independence.
D) The auditor's relationship with the auditee is generally adversarial, so the auditor will not
have access to all of the financial information of the company.
Question Details
AACSB : Communication
AICPA : FN Decision Making
Accessibility : Keyboard Navigation
Difficulty : 1 Easy
AICPA : BB Industry
Bloom's : Understand
Learning Objective : 01-05 Understand why sampling is important in an audit.
Gradable : automatic
Accessibility : Screen Reader Compatible
Topic : The Audit Process
2) Which of the following statements best describes a relationship between sample size and
other elements of auditing?
2) ______
, A) If materiality increases, so will the sample size.
B) If the desired level of assurance increases, sample sizes can be smaller.
C) If materiality decreases, sample size will need to increase.
D) There is no relationship between sample size and materiality or the desired level of
assurance.
Question Details
Accessibility : Keyboard Navigation
Bloom's : Apply
Difficulty : 2 Medium
AICPA : BB Critical Thinking
AACSB : Analytical Thinking
AICPA : FN Risk Analysis
Learning Objective : 01-05 Understand why sampling is important in an audit.
Gradable : automatic
Accessibility : Screen Reader Compatible
Topic : The Audit Process
3) Which of the following statements about the study of auditing is NOT true?
3) ______
A) The study of auditing can be valuable to future accountants and business decision makers
whether or not they plan to become auditors.
B) The study of auditing focuses on learning the analytical and logical skills necessary to
evaluate the relevance and reliability of information.
C) The study of auditing focuses on learning the rules, techniques, and computations required to
analyze financial statements for making investment recommendations.
D) The study of auditing begins with the understanding of a coherent logical framework and
techniques useful for gathering and analyzing evidence about others’ assertions.
,Question Details
AACSB : Communication
AICPA : FN Decision Making
Accessibility : Keyboard Navigation
Learning Objective : 01-01 Understand why studying auditing can be valuable to you whether or not you
AICPA : BB Industry
Difficulty : 2 Medium
Bloom's : Analyze
Gradable : automatic
Accessibility : Screen Reader Compatible
Topic : The Importance for Studying Auditing
4) The basic definition of auditing essentially indicates that, overall, auditing is a process to:
4) ______
A) detect fraud.
B) examine individual transactions so that the auditor may certify as to their validity.
C) objectively obtain and evaluate evidence regarding assertions made by another party.
D) assure the consistent application of correct accounting procedures.
Question Details
AACSB : Communication
Accessibility : Keyboard Navigation
Bloom's : Remember
Difficulty : 1 Easy
AICPA : FN Reporting
Learning Objective : 01-03 Know the basic definition of a financial statement audit.
AICPA : BB Critical Thinking
Gradable : automatic
Accessibility : Screen Reader Compatible
Topic : Auditing, Attest, and Assurance Services Defined
5) Assurance services may improve all of the following except:
5) ______
, A) relevance.
B) credibility.
C) periodicity.
D) reliability.
Question Details
AACSB : Communication
Accessibility : Keyboard Navigation
Bloom's : Remember
Difficulty : 1 Easy
AICPA : BB Industry
AICPA : FN Reporting
Learning Objective : 01-03 Know the basic definition of a financial statement audit.
Gradable : automatic
Accessibility : Screen Reader Compatible
Topic : Auditing, Attest, and Assurance Services Defined
6) Evidence is reliable if it:
6) ______
A) signals the true state of a management assertion.
B) applies to the period being audited.
C) relates to the audit assertion being tested.
D) is sufficient to justify a conclusion.
Question Details
Accessibility : Keyboard Navigation
Difficulty : 1 Easy
Bloom's : Understand
Learning Objective : 01-04 Understand the fundamental concepts that underlie financial statement audi
AICPA : BB Critical Thinking
AACSB : Analytical Thinking
AICPA : FN Measurement
Topic : Fundamental Concepts in Conducting a Financial Statement Audit
Gradable : automatic
Accessibility : Screen Reader Compatible
Les avantages d'acheter des résumés chez Stuvia:
Qualité garantie par les avis des clients
Les clients de Stuvia ont évalués plus de 700 000 résumés. C'est comme ça que vous savez que vous achetez les meilleurs documents.
L’achat facile et rapide
Vous pouvez payer rapidement avec iDeal, carte de crédit ou Stuvia-crédit pour les résumés. Il n'y a pas d'adhésion nécessaire.
Focus sur l’essentiel
Vos camarades écrivent eux-mêmes les notes d’étude, c’est pourquoi les documents sont toujours fiables et à jour. Cela garantit que vous arrivez rapidement au coeur du matériel.
Foire aux questions
Qu'est-ce que j'obtiens en achetant ce document ?
Vous obtenez un PDF, disponible immédiatement après votre achat. Le document acheté est accessible à tout moment, n'importe où et indéfiniment via votre profil.
Garantie de remboursement : comment ça marche ?
Notre garantie de satisfaction garantit que vous trouverez toujours un document d'étude qui vous convient. Vous remplissez un formulaire et notre équipe du service client s'occupe du reste.
Auprès de qui est-ce que j'achète ce résumé ?
Stuvia est une place de marché. Alors, vous n'achetez donc pas ce document chez nous, mais auprès du vendeur TestsBanks. Stuvia facilite les paiements au vendeur.
Est-ce que j'aurai un abonnement?
Non, vous n'achetez ce résumé que pour 12,85 €. Vous n'êtes lié à rien après votre achat.