D215 Auditing Pre-Assesment passed PA
with actual exam tips 70 questions with
correct answers 2025 Western Governors
University
Correct 70
Incorrect 0
Your answers
1 of 70
Term
A company has been operating with weak internal accounting
policies within an industry known for poor accounting practices. The
auditor must keep audit risk below 1%.
Which situation must be present to ensure this level of audit risk?
Give this one a try later!
, There must be a low level There must be a low level of
of inherent risk. detection risk
There must be a high level There must be a high level of
of inherent risk. detection risk.
Don't know?
2 of 70
Term
A company begins to use a new accounts payable computer system
and then realizes a critical data field present in the old system is
missing in the new system.
Which type of risk is present for this company?
Give this one a try later!
Control Inherent
Financial Detection
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3 of 70
Term
,During fieldwork, an auditor noted several significant subsequent
events that arose after the balance sheet date. The auditor has
reviewed the client's footnote disclosure for the subsequent events
and believes the disclosure is appropriate. However, the auditor is
concerned that a financial statement user may reach improper
conclusions about the client's financial condition if the disclosure
about subsequent events is not noted by the user.
How should the auditor respond to this situation?
Give this one a try later!
Avoid referencing the subsequent Issue an audit report that includes a
events in the audit report qualified opinion
Include an emphasis-of-matter
paragraph after the opinion Refuse to issue an audit report
in the audit report for the client
Don't know?
4 of 70
Term
When should an auditor use traditional audit sampling instead of
audit data analytics?
Give this one a try later!
, When there is a third party for
data storage When the electronic data is reliable
When there is a large When electronic data is
audit population difficult to clean up
Don't know?
5 of 70
Term
A CPA has prepared a couple's joint tax returns for 10 years, but the
couple is now experiencing a complicated divorce where both
parties wish to claim the same child as a dependent. The CPA
agrees to work with both clients on their tax returns.
Which standard of the AICPA Code of Professional Conduct is
being violated by this CPA's action?
Give this one a try later!
Accounting Principles Independence
Integrity and Objectivity Contingent Fees
Don't know?
6 of 70
with actual exam tips 70 questions with
correct answers 2025 Western Governors
University
Correct 70
Incorrect 0
Your answers
1 of 70
Term
A company has been operating with weak internal accounting
policies within an industry known for poor accounting practices. The
auditor must keep audit risk below 1%.
Which situation must be present to ensure this level of audit risk?
Give this one a try later!
, There must be a low level There must be a low level of
of inherent risk. detection risk
There must be a high level There must be a high level of
of inherent risk. detection risk.
Don't know?
2 of 70
Term
A company begins to use a new accounts payable computer system
and then realizes a critical data field present in the old system is
missing in the new system.
Which type of risk is present for this company?
Give this one a try later!
Control Inherent
Financial Detection
Don't know?
3 of 70
Term
,During fieldwork, an auditor noted several significant subsequent
events that arose after the balance sheet date. The auditor has
reviewed the client's footnote disclosure for the subsequent events
and believes the disclosure is appropriate. However, the auditor is
concerned that a financial statement user may reach improper
conclusions about the client's financial condition if the disclosure
about subsequent events is not noted by the user.
How should the auditor respond to this situation?
Give this one a try later!
Avoid referencing the subsequent Issue an audit report that includes a
events in the audit report qualified opinion
Include an emphasis-of-matter
paragraph after the opinion Refuse to issue an audit report
in the audit report for the client
Don't know?
4 of 70
Term
When should an auditor use traditional audit sampling instead of
audit data analytics?
Give this one a try later!
, When there is a third party for
data storage When the electronic data is reliable
When there is a large When electronic data is
audit population difficult to clean up
Don't know?
5 of 70
Term
A CPA has prepared a couple's joint tax returns for 10 years, but the
couple is now experiencing a complicated divorce where both
parties wish to claim the same child as a dependent. The CPA
agrees to work with both clients on their tax returns.
Which standard of the AICPA Code of Professional Conduct is
being violated by this CPA's action?
Give this one a try later!
Accounting Principles Independence
Integrity and Objectivity Contingent Fees
Don't know?
6 of 70
