Aca assurance exam - Study guides, Class notes & Summaries
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ACA – Assurance Exam Questions and Answers 100% Pass
- Exam (elaborations) • 23 pages • 2024
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ACA – Assurance Exam Questions and 
Answers 100% Pass 
What are the five elements of an assurnace engagement? - Answer- Criteria, Report, 
Evidence, Subject matter, Thrid Patry Relationship 
Who is a practitioner? - Answer- The person or party carrying out the assurance 
engagement. 
What are the two types of assurnace engagement identified under the international 
framework for assurnace engagement? - Answer- 1. Resaonable Assurance 
2. Limited Assurance 
What constitues a reasonable assuranc...
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Assurance ACA Exam Questions With Verified Answers
- Exam (elaborations) • 9 pages • 2024
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Assurance ACA Exam Questions With 
Verified Answers 
Written confirmations are required from all client staff who have made oral representations. True 
or False? - answerA) True 
B) False 
Which one of the following controls is LEAST LIKELY to address the risk that money received 
is not banked? - answerA) Matching cash receipts with invoices 
B) Monthly bank reconciliations 
C) Prompt bank payments 
D) Investigation of shortages and surpluses of cash in the business 
As part of his analytical p...
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Assurance ACA Exam Questions With Verified Answers
- Exam (elaborations) • 9 pages • 2024
- Available in package deal
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- $11.49
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Assurance ACA Exam Questions With 
Verified Answers 
Written confirmations are required from all client staff who have made oral representations. True 
or False? - answerA) True 
B) False 
Which one of the following controls is LEAST LIKELY to address the risk that money received 
is not banked? - answerA) Matching cash receipts with invoices 
B) Monthly bank reconciliations 
C) Prompt bank payments 
D) Investigation of shortages and surpluses of cash in the business 
As part of his analytical p...
-
Assurance ACA Exam Questions With Verified Answers
- Exam (elaborations) • 9 pages • 2024
- Available in package deal
-
- $11.49
- + learn more
Assurance ACA Exam Questions With 
Verified Answers 
Written confirmations are required from all client staff who have made oral representations. True 
or False? - answerA) True 
B) False 
Which one of the following controls is LEAST LIKELY to address the risk that money received 
is not banked? - answerA) Matching cash receipts with invoices 
B) Monthly bank reconciliations 
C) Prompt bank payments 
D) Investigation of shortages and surpluses of cash in the business 
As part of his analytical p...
-
ACA - Assurance Certificate Exam Questions With Verified Answers
- Exam (elaborations) • 2 pages • 2024
- Available in package deal
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- $10.49
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ACA - Assurance Certificate Exam Questions 
With Verified Answers 
CREST - answerCriteria (What are we testing against?) 
Report - 
Evidence 
Subject Matter (Vehicle, Financial Statement). 
Three party relationship 
When do we use MANICS - answerWhen we plan an assurance engagement. 
MANICS Acryonym - answerManagement Integrity 
Adequate Resources 
Nature of Engagement 
Identification 
Communication 
Stability 
What is the purpose of an Engagement Letter? - answerDefine Roles 
Provide Written Co...
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ACA - Assurance Certificate Exam Questions With Verified Answers
- Exam (elaborations) • 2 pages • 2024
- Available in package deal
-
- $10.49
- + learn more
ACA - Assurance Certificate Exam Questions 
With Verified Answers 
CREST - answerCriteria (What are we testing against?) 
Report - 
Evidence 
Subject Matter (Vehicle, Financial Statement). 
Three party relationship 
When do we use MANICS - answerWhen we plan an assurance engagement. 
MANICS Acryonym - answerManagement Integrity 
Adequate Resources 
Nature of Engagement 
Identification 
Communication 
Stability 
What is the purpose of an Engagement Letter? - answerDefine Roles 
Provide Written Co...
-
ACA – Assurance Exam Questions and Answers 100% Pass
- Exam (elaborations) • 23 pages • 2024
-
- $12.49
- + learn more
ACA – Assurance Exam Questions and 
Answers 100% Pass 
What are the five elements of an assurnace engagement? - Answer- Criteria, Report, 
Evidence, Subject matter, Thrid Patry Relationship 
Who is a practitioner? - Answer- The person or party carrying out the assurance 
engagement. 
What are the two types of assurnace engagement identified under the international 
framework for assurnace engagement? - Answer- 1. Resaonable Assurance 
2. Limited Assurance 
What constitues a reasonable assuranc...
-
ACA - Assurance Certificate Exam Questions With Verified Answers
- Exam (elaborations) • 2 pages • 2024
- Available in package deal
-
- $10.49
- + learn more
ACA - Assurance Certificate Exam Questions 
With Verified Answers 
CREST - answerCriteria (What are we testing against?) 
Report - 
Evidence 
Subject Matter (Vehicle, Financial Statement). 
Three party relationship 
When do we use MANICS - answerWhen we plan an assurance engagement. 
MANICS Acryonym - answerManagement Integrity
-
CEBS GBA 2 Practice Exam Questions with Certified Answers
- Exam (elaborations) • 56 pages • 2023
- Available in package deal
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- $11.99
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CEBS GBA 2 Practice Exam Questions with Certified Answers 
According to the RAND Health Insurance Experiment, which variable has the greatest power in explaining health expenditures? 
A.) Welfare eligibility 
B.) Prior utilization 
C.) Physical health (based on self-reported measures) 
D.) General health (based on self-reported measures) E.) Mental health (based on self-reported measures) B.) Prior utilization 
A provision in some group life insurance plans that provides for the payment of all o...
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ACA - Assurance Exam Questions With 100% Correct Answers
- Exam (elaborations) • 13 pages • 2024
- Available in package deal
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ACA - Assurance Exam Questions With 
100% Correct Answers 
what are audit documentations? - answerRECORD of procedures performed, relevant 
evidence obtained and conclusions reached 
why should assurance providers record their work? - answer- assist audit team to plan and 
perform audit 
- assist relevant members to direct and supervise work 
- enable audit team to be accountable (prove adherence to ISA) 
- retain record of matters to future audits 
- enable experienced auditor to carry out qual...
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