,DOWNLOAD THE Test Bank for Auditing and Assurance Services SystematicAppro
D D D D D D D D D D
ach 12th Edition Messier D D D
Auditing and Assurance Services A Systematic Approach
D D D D D D
12th Edition by Messier CH01
D D D D
TRUE/FALSED-DWriteD'T'DifDtheDstatementDisDtrueDandD'F'DifDtheDstatementDisDfalse.
1) AuditingDfocusesDonDrules,Dtechniques,DandDcomputationsDrequiredDtoDprepareDandDanaly
zeDfinancialDinformation.
1)DD
⊚ true
⊚ false
2) DecisionDmakersDdemandDreliableDinformationDthatDisDprovidedDbyDaccountantsDan
dDaccountingDinformationDsystems.
2)DD
⊚ true
⊚ false
3) InformationDasymmetryDseldomDoccurs.
3)DD
⊚ true
⊚ false
4) ConflictsDofDinterestDoftenDoccurDbetweenDabsenteeDowners(principals)DandDmanage
rsD(agents).
4)DD
⊚ true
⊚ false
5) AuditingDservicesDandDattestationDservicesDareexactlyDtheDsameDthin
g. 5)DD
⊚ true
⊚ false
6) AuditingDisDaDtypeDofDattestDservice. 6)DD
VersionD1 1
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,DOWNLOAD THE Test Bank for Auditing and Assurance Services SystematicAppro
D D D D D D D D D D
ach 12th Edition MessierD D D
Auditing and Assurance Services A Systematic Approach
D D D D D D
12th Edition by Messier CH01
D D D D
⊚ true
⊚ false
7) TestingDallDtransactionsDthatDoccurredDduringDtheDperiodDisDcostDprohibitiveDinDtheDabsen
ceDofDcomputerDdataDanalyticDapproaches.
7)DD
⊚ true
⊚ false
MULTIPLEDCHOICED-
DChooseDtheDoneDalternativeDthatDbestDcompletes DtheDstatementDorD
answersDtheDquestion.
8) WhyDdoDauditorsDoftenDuseDaDsamplingDapproachDtoDevidenceDgathering?
8)DD
A) AuditorsDareDexpertsDandDdoDnotDneedDtoDlookDatDmuchDtoDknowDwhetherDtheDfinanc
ialDstatementsDareDcorrectDorDnot.
B) AuditorsDmustDbalanceDtheDcostDofDtheDauditDwithDtheDneedDforDprecisionDandDforDso
meDtypesDofDevidence,DcomputerDdataDanalyticDapproachesDcan’tDbeDused.
C) AuditorsDmustDlimitDtheirDexposureDtoDtheirDauditeeDtoDmaintainDindependence.
D) TheDauditor'sDrelationshipDwithDtheDauditeeDisDgenerallyDadversarial,DsoDtheDauditorDwi
llDnotDhaveDaccessDtoDallDofDtheDfinancialDinformationDofDtheDcompany.
9) WhichDofDtheDfollowingDstatementsDbestDdescribesDaDrelationshipDbetweenDsampleDsizeDa
ndDotherDelementsDofDauditing?
9)DD
A) IfDmaterialityDincreases,DsoDwillDtheDsampleDsize.
B) IfDtheDdesiredDlevelDofDassuranceDincreases,DsampleDsizesDcanDbeDsmaller.
C) IfDmaterialityDdecreases,DsampleDsizeDwillDneedDtoDincrease.
D) ThereDisDnoDrelationshipDbetweenDsampleDsizeDandDmaterialityDorDtheDdesiredDlevelD
ofDassurance.
VersionD1 2
mynursytest.store
, DOWNLOAD THE Test Bank for Auditing and Assurance Services SystematicAppro
D D D D D D D D D D
ach 12th Edition Messier D D D
Auditing and Assurance Services A Systematic Approach
D D D D D D
12th Edition by Messier CH01
D D D D
10) WhichDofDtheDfollowingDstatementsDaboutDtheDstudyDofDauditingDisDNOTDtrue?
10)DD
A) TheDstudyDofDauditingDcanDbeDvaluableDtoDfutureDaccountantsDandDbusinessDdecisi
onDmakersDwhetherDorDnotDtheyDplanDtoDbecomeDauditors.
B) TheDstudyDofDauditingDfocusesDonDlearningDtheDanalyticalDandDlogicalDskillsDnecessa
ryDtoDevaluateDtheDrelevanceDandDreliabilityDofDinformation.
C) TheDstudyDofDauditingDfocusesDonDlearningDtheDrules,Dtechniques,DandDcomputatio
nsDrequiredDtoDanalyzeDfinancialDstatementsDforDmakingDinvestmentDrecommendations.
D) TheDstudyDofDauditingDbeginsDwithDtheDunderstandingDofDaDcoherentDlogicalDframewo
rkDandDtechniquesDusefulDforDgatheringDandDanalyzingDevidenceDaboutDothers’Dassertions.
11) TheDbasicDdefinitionDofDauditingDessentiallyDindicatesDthat,Doverall,DauditingDisDaDprocessDto:
11)DD
A) detectDfraud.
B) examineDindividualDtransactionsDsoDthatDtheDauditorDmayDcertifyDasDtoDtheirDvalidity.
C) objectivelyDobtainDandDevaluateDevidenceDregardingDassertionsDmadeDbyDanotherDparty.
D) assureDtheDconsistentDapplicationDofDcorrectDaccountingDprocedures.
12) AssuranceDservicesDmayDimproveDallDofDtheDfollowingDexcept:
12)DD
A) relevance.
B) credibility.
C) periodicity.
D) reliability.
13) EvidenceDisDreliableDifDit:
13)DD
VersionD1 3
mynursytest.store
D D D D D D D D D D
ach 12th Edition Messier D D D
Auditing and Assurance Services A Systematic Approach
D D D D D D
12th Edition by Messier CH01
D D D D
TRUE/FALSED-DWriteD'T'DifDtheDstatementDisDtrueDandD'F'DifDtheDstatementDisDfalse.
1) AuditingDfocusesDonDrules,Dtechniques,DandDcomputationsDrequiredDtoDprepareDandDanaly
zeDfinancialDinformation.
1)DD
⊚ true
⊚ false
2) DecisionDmakersDdemandDreliableDinformationDthatDisDprovidedDbyDaccountantsDan
dDaccountingDinformationDsystems.
2)DD
⊚ true
⊚ false
3) InformationDasymmetryDseldomDoccurs.
3)DD
⊚ true
⊚ false
4) ConflictsDofDinterestDoftenDoccurDbetweenDabsenteeDowners(principals)DandDmanage
rsD(agents).
4)DD
⊚ true
⊚ false
5) AuditingDservicesDandDattestationDservicesDareexactlyDtheDsameDthin
g. 5)DD
⊚ true
⊚ false
6) AuditingDisDaDtypeDofDattestDservice. 6)DD
VersionD1 1
mynursytest.store
,DOWNLOAD THE Test Bank for Auditing and Assurance Services SystematicAppro
D D D D D D D D D D
ach 12th Edition MessierD D D
Auditing and Assurance Services A Systematic Approach
D D D D D D
12th Edition by Messier CH01
D D D D
⊚ true
⊚ false
7) TestingDallDtransactionsDthatDoccurredDduringDtheDperiodDisDcostDprohibitiveDinDtheDabsen
ceDofDcomputerDdataDanalyticDapproaches.
7)DD
⊚ true
⊚ false
MULTIPLEDCHOICED-
DChooseDtheDoneDalternativeDthatDbestDcompletes DtheDstatementDorD
answersDtheDquestion.
8) WhyDdoDauditorsDoftenDuseDaDsamplingDapproachDtoDevidenceDgathering?
8)DD
A) AuditorsDareDexpertsDandDdoDnotDneedDtoDlookDatDmuchDtoDknowDwhetherDtheDfinanc
ialDstatementsDareDcorrectDorDnot.
B) AuditorsDmustDbalanceDtheDcostDofDtheDauditDwithDtheDneedDforDprecisionDandDforDso
meDtypesDofDevidence,DcomputerDdataDanalyticDapproachesDcan’tDbeDused.
C) AuditorsDmustDlimitDtheirDexposureDtoDtheirDauditeeDtoDmaintainDindependence.
D) TheDauditor'sDrelationshipDwithDtheDauditeeDisDgenerallyDadversarial,DsoDtheDauditorDwi
llDnotDhaveDaccessDtoDallDofDtheDfinancialDinformationDofDtheDcompany.
9) WhichDofDtheDfollowingDstatementsDbestDdescribesDaDrelationshipDbetweenDsampleDsizeDa
ndDotherDelementsDofDauditing?
9)DD
A) IfDmaterialityDincreases,DsoDwillDtheDsampleDsize.
B) IfDtheDdesiredDlevelDofDassuranceDincreases,DsampleDsizesDcanDbeDsmaller.
C) IfDmaterialityDdecreases,DsampleDsizeDwillDneedDtoDincrease.
D) ThereDisDnoDrelationshipDbetweenDsampleDsizeDandDmaterialityDorDtheDdesiredDlevelD
ofDassurance.
VersionD1 2
mynursytest.store
, DOWNLOAD THE Test Bank for Auditing and Assurance Services SystematicAppro
D D D D D D D D D D
ach 12th Edition Messier D D D
Auditing and Assurance Services A Systematic Approach
D D D D D D
12th Edition by Messier CH01
D D D D
10) WhichDofDtheDfollowingDstatementsDaboutDtheDstudyDofDauditingDisDNOTDtrue?
10)DD
A) TheDstudyDofDauditingDcanDbeDvaluableDtoDfutureDaccountantsDandDbusinessDdecisi
onDmakersDwhetherDorDnotDtheyDplanDtoDbecomeDauditors.
B) TheDstudyDofDauditingDfocusesDonDlearningDtheDanalyticalDandDlogicalDskillsDnecessa
ryDtoDevaluateDtheDrelevanceDandDreliabilityDofDinformation.
C) TheDstudyDofDauditingDfocusesDonDlearningDtheDrules,Dtechniques,DandDcomputatio
nsDrequiredDtoDanalyzeDfinancialDstatementsDforDmakingDinvestmentDrecommendations.
D) TheDstudyDofDauditingDbeginsDwithDtheDunderstandingDofDaDcoherentDlogicalDframewo
rkDandDtechniquesDusefulDforDgatheringDandDanalyzingDevidenceDaboutDothers’Dassertions.
11) TheDbasicDdefinitionDofDauditingDessentiallyDindicatesDthat,Doverall,DauditingDisDaDprocessDto:
11)DD
A) detectDfraud.
B) examineDindividualDtransactionsDsoDthatDtheDauditorDmayDcertifyDasDtoDtheirDvalidity.
C) objectivelyDobtainDandDevaluateDevidenceDregardingDassertionsDmadeDbyDanotherDparty.
D) assureDtheDconsistentDapplicationDofDcorrectDaccountingDprocedures.
12) AssuranceDservicesDmayDimproveDallDofDtheDfollowingDexcept:
12)DD
A) relevance.
B) credibility.
C) periodicity.
D) reliability.
13) EvidenceDisDreliableDifDit:
13)DD
VersionD1 3
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