AUE 1501
ASSIGNMENT 3 SEMESTER 2 2022
Use this document as a guide to learn, compare and reference
, Question 1
In the preliminary stage of the audit engagement, the auditor will not assess management's
integrity.
Select one:
True
False
Question 2
In auditing, the concept of materiality refers to the information which is important or
significant enough and will not affect the decision making of users of financial statements.
Select one:
True
False
Question 3
Select the correct alternative identifying the financial accounting assertions relating to
classes of transactions events and related disclosures.
a.
Existence, Completeness, Accuracy, Cut-off, Classification and Presentation.
b.
Occurrence, Completeness, Accuracy, Cut-off, Classification and Presentation.
c.
Occurrence, Completeness, Accuracy, Cut-off, Valuation and Allocation.
ASSIGNMENT 3 SEMESTER 2 2022
Use this document as a guide to learn, compare and reference
, Question 1
In the preliminary stage of the audit engagement, the auditor will not assess management's
integrity.
Select one:
True
False
Question 2
In auditing, the concept of materiality refers to the information which is important or
significant enough and will not affect the decision making of users of financial statements.
Select one:
True
False
Question 3
Select the correct alternative identifying the financial accounting assertions relating to
classes of transactions events and related disclosures.
a.
Existence, Completeness, Accuracy, Cut-off, Classification and Presentation.
b.
Occurrence, Completeness, Accuracy, Cut-off, Classification and Presentation.
c.
Occurrence, Completeness, Accuracy, Cut-off, Valuation and Allocation.
