Question 1

Which of the following factors should not influence the extent and timing of when substantive procedurare performed?

Accepted Answer

A)  the type of audit opinion that the client would like the auditor to issue 
B)  the complexity of the client's data capturing systems 
C)  the level of assurance necessary 
D)  the type of evidence required 
A)  the type of audit opinion that the client would like the auditor to issue 
B)  the complexity of the client's data capturing systems 
C)  the level of assurance necessary 
D)  the type of evidence required

Question 2

Daniel Morency has performed evaluations of financial information and determined whether the fluctuations of his client's salfigurare consistent with other data he has gathered. He has used this information to predict year-end amounts of sales. This is an example of substantive procedurcalled

Accepted Answer

A)  tests of details. 
B)  computer assisted audit techniques. 
C)  analytical procedures. 
D)  none of these. 
A)  tests of details. 
B)  computer assisted audit techniques. 
C)  analytical procedures. 
D)  none of these.

Which of the following factors should not influence the extent and timing of when substantive procedurare performed?

Daniel Morency has performed evaluations of financial information and determined whether the fluctuations of his client's salfigurare consistent with other data he has gathered. He has used this information to predict year-end amounts of sales. This is an example of substantive procedurcalled

Introduction and Review of Audit and Assurance

Ethics, Legal Liability and Client Acceptance

Audit Planning I

Audit Planning II

Audit Evidence

Sampling and Overview of the Risk Response Phase of the Audit

Understanding and Testing the Clients System of Internal Controls

Auditing Saland Receivabl

Auditing Purchases, Payabland Payroll

Auditing Inventoriand PPE

Auditing Cash and Investments

Completing and Reporting on the Audit

Filters

Exam 8: Execution of the Audit Performing Substantive Procedur

Which of the following factors should not influence the extent and timing of when substantive procedurare performed?

Daniel Morency has performed evaluations of financial information and determined whether the fluctuations of his client's salfigurare consistent with other data he has gathered. He has used this information to predict year-end amounts of sales. This is an example of substantive procedurcalled

Introduction and Review of Audit and Assurance

Ethics, Legal Liability and Client Acceptance

Audit Planning I

Audit Planning II

Audit Evidence

Sampling and Overview of the Risk Response Phase of the Audit

Understanding and Testing the Clients System of Internal Controls

Auditing Saland Receivabl

Auditing Purchases, Payabland Payroll

Auditing Inventoriand PPE

Auditing Cash and Investments

Completing and Reporting on the Audit

Filters