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Exam (elaborations)

Accounting-Auditing Exam I Quiz

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Master the essentials of auditing with this comprehensive 5-page PDF quiz, covering AU 220, AU 230, AU 431, and other key topics. Ideal for preparing for your Auditing Exam I and reinforcing your understanding of professional requirements, risk assessment, documentation, and GAAS. Test your knowledge with 21 challenging questions and elevate your auditing skills today!

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Institution
Managerial Accounting
Course
Managerial Accounting









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Institution
Managerial Accounting
Course
Managerial Accounting

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Uploaded on
October 11, 2024
Number of pages
5
Written in
2024/2025
Type
Exam (elaborations)
Contains
Only questions

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, Business - Accounting II of VI pages



Circle the letter of the Answer that corresponds to the displayed Question.

1. AS 10
A: Illegal Acts
B Supervision of the audit engagement
C: Subsequent Events
D: Audit of Mgmt's Assessment of IC


2. AU 530
A: Audit Planning (auditor must plan the audit so it can be conducted effectively)
B: Consideration of Fraud in F/S Audit
C Dating of the Auditor's Report
D: Audit Risk (auditor must provide reasonable assurance)


3. AU 230
A: Consideration of Materiality in Planning and Performing an Audit
B: Audit Documentation
C: Defining Professional Req'ments in Stmts on Auditing Stndrds
D Due Professional Care


4. AU 316
A Consideration of Fraud in F/S Audit
B: Planning and Supervision
C: Identifying and Assessing Risk of Material Misstatement
D: Communications between Predecessor and Successor Auditors


5. AU 314
A: Adequacy and Disclosure
B Understanding the Entity and its Environment
C: Audit Planning (auditor must plan the audit so it can be conducted effectively)
D: Audit of Mgmt's Assessment of IC


6. AS 8
A: Due Professional Care
B: Adequacy and Disclosure
C: Independence
D Audit Risk (auditor must provide reasonable assurance)


7. AU 220


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