Multiple Choice
An audit program is
A) a set of specifications of audit standards relevant to the financial statements being audited.
B) a set of documentation of the assertions under audit,the evidence obtained,and the conclusions reached.
C) a set of reconciliations of the account balances in the financial statements with the account balances in the auditee's general ledger
D) a set of detailed instructions for the entire collection of evidence for an audit area.
Correct Answer:
Verified
Correct Answer:
Verified
Q71: Each working paper should include enough information
Q72: The auditor will obtain a copy of
Q73: The Bank of New Haven relies heavily
Q74: "The detailed instructions for the collection of
Q75: A major benefit of computerized analytical procedures
Q77: When an auditor calculates the gross margin
Q78: Following are examples of evidence that could
Q79: An abnormal fluctuation in gross profit that
Q80: A common comparison occurs when the auditor
Q81: There are six factors that affect the