Test Bank: Auditing & Assurance Services - A Systematic Approach by Messier, Glover, & Prawitt (Covers 10th & 11th Editions)

Auditing & assurance Services



TEST BANK

Auditing & assurance Services: A
Systematic Approach, 11th Edition Chapters
K

,Auditing & assurance Services



1-21

,Auditing & assurance Services



ChapterK1:KAnKIntroductionKtoKAssuranceKandKFinancialKStatementKAuditing

ChapterK2:KTheKFinancialKStatementKAuditingKEnvironment

ChapterK3:KAuditKPlanning,KTypesKofKAuditKTests,KandKMateriality

ChapterK4:KRiskKAssessment

ChapterK5:KEvidenceKandKDocumentation

ChapterK6:KInternalKControlKinKaKFinancialKStatementKAudit

ChapterK7:KAuditingKInternalKControlKoverKFinancialKReporting

ChapterK8:KAuditKSampling:KAnKOverviewKandKApplicationKtoKTestsKofKControls

ChapterK9:KAuditKSampling:KAnKApplicationKtoKSubstantiveKTestsKofKAccountKBalances

ChapterK10:KAuditingKtheKRevenueKProcess

ChapterK11:KAuditingKtheKPurchasingKProcess

ChapterK12:KAuditingKtheKHumanKResourceKManagementKProcess

ChapterK13:KAuditingKtheKInventoryKManagementKProcess

ChapterK14:KAuditingKtheKFinancing/InvestingKProcess:KPrepaidKExpenses,KIntangibleKAssets,K
andKProperty,KPlant,KandKEquipment

ChapterK15:KAuditingKtheKFinancing/InvestingKProcess:KLong-
TermKLiabilities,KStockholders’KEquity,KandKIncomeKStatementKAccounts

ChapterK16:KAuditingKtheKFinancing/InvestingKProcess:KCashKandKInvestments

ChapterK17:KCompletingKtheKAuditKEngagement

ChapterK18:KReportsKonKAuditedKFinancialKStatements

ChapterK19:KProfessionalKConduct,KIndependence,KandKQualityKManagement

ChapterK20:KLegalKLiability

ChapterK21:KAssurance,KAttestation,KandKInternalKAuditingKServices

, Auditing & assurance Services



Chapter 01 K K




An Introduction to Assurance and Financial Statement Auditing
K K K K K K K




TrueK /K FalseK Questions


1. IndependenceK standards K areK requiredK forK auditsK ofK publicK companies,K butK notK forK auditsK
ofKprivateKcompanies.

True False

2. DecisionK makersK demand K reliableK informationK thatK isK providedK byK accountants.

True False

3. InformationK asymmetryK seldomK occurs.

True False

4. ConflictsK ofK interestKoftenK occurK betweenK absenteeK ownersK andK managers.

True False

5. AuditingK servicesK andK attestationK servicesK areK theK same.

True False

6. AuditingKisKaKtypeKofKattestKservice.

True False

7. TestingKallKtransactions KthatKoccurredKduringKtheKperiodKisKcostKprohibitive.

True False




MultipleK ChoiceK Questions