Kiem 2
Kiem 2
What are the most important aspects of billing and what are the
1
related objectives?
Describe how the auditor tests the accuracy objective for accounts
4
receivable.
State the six functions that make up the inventory and warehousing
cycle and, for each function, identify the related documents that
5
would be used by a manufacturing company.
You are part of the audit team that is auditing Hillsburg Hardware Co.
and you have been assigned to the sales and collection cycle. You are
testing whether the cash receipts are deposited and recorded at the
6 amounts received (accuracy objective). List two tests of controls and
one test of transactions that you would do to satisfy yourself
regarding the accuracy objective.
Assuming the client's internal controls are effective, describe how the
7 auditor can verify proper cutoff of sales transactions.
What is one audit procedure that may be used to test for proper
9 handling of terminated employees?
Describe three audit procedures an auditor would use to test for the
realizable value balance-related audit objective
13
Answer: Audit procedures would include:
Cutoff misstatements can occur for sales, sales returns, and cash
17 receipts. List below the threefold approach an auditor performs for
each account above to determine the reasonableness of the cutoff.
For good internal control over the receiving goods and services function, the receiving
department initiate a receiving report as evidence of the receipt and examination of the
goods.
One copy of the report is sent to the raw materials storeroom and another to the
accounts payable department for their information needs.
To prevent theft and misuse, it is important that the goods be physically controlled from
the time of their receipt until their disposal.
The accounting records should transfer responsibility for the goods as they are
transferred from receiving to storage and from storage to manufacturing.
A surprise payroll pay off is a procedure in which each employee must pick up and sign
for his or her check in the presence of a supervisor and the auditor. Any checks that are
not claimed are subject to an extensive investigation to determine whether an unclaimed
check is fraudulent. The purpose is to test for nonexistent employees; that is, the
issuance of payroll checks to individuals who do not work for the company.
Confirmation of accounts selected from the trial balance is the most common test of
details of balances for the accuracy of accounts receivable. When customers do not
respond to confirmation requests, auditors examine supporting documents to verify
shipment of goods and evidence of subsequent cash receipts to determine whether the
accounts were collected. Auditors perform tests of the debits and credits to individual
customers' balances by examining supporting documentation for shipments and cash
receipts.
• Process purchase orders. Related documents are the purchase requisition and the
purchase order.
• Receive raw materials. Related documents are the receiving report and the vendor's
invoice.
• Store raw materials. Related record is the raw materials perpetual inventory master file.
• Process the goods. Related documents and records are the raw materials requisition
and the cost accounting records.
• Store finished goods. Related records are the finished goods perpetual inventory
master file and the cost accounting records.
• Ship finished goods. Related documents and records are the shipping document, the
finished goods perpetual inventory master file, and the cost accounting records.
Control Tests:
1. Observe whether the accountant reconciles the bank account.
2. Examine file of batch totals for initials of data control clerk.
3. Observe whether monthly statements are sent.
Transaction Tests:
1. Obtain prelisting of cash receipts and trace amounts to the cash receipts journal,
testing for names, amounts, and dates.
2. Prepare proof of cash receipts.
Assuming the client's internal controls are effective, the auditor can verify proper cutoff of
sales transactions by obtaining the shipping document number for the last shipment
made at the end of the period and comparing this number with current and subsequent
period recorded sales.
A procedure that tests for proper handling of terminated employees is to select several
files from the human resource records for employees who were terminated in the current
year to determine whether each received termination pay consistent with company
policy.
• Acquire and record RM, labor and OH→ Acquisition and payroll and personnel
• Internal transfer assets and costs→ Inventory and warehousing
• Ship goods and record revenues and costs→sales and collection
• Physically observe inventory→inventory and warehousing
• Price and compile inventory→ inventory and warehousing
2) Examine documentation for bills not paid several weeks after the year end.
4) Trace vendor statements that show a balance due to the accounts payable trial
balance.
It is acceptable to use negative confirmation requests only when all of the following
circumstances are present:
• The auditor has assessed the risk of material misstatements as low and has obtained
sufficient appropriate evidence regarding the design and operating effectiveness of
controls relevant to the assertion being tested by the confirmation procedures.
• The population of items subject to negative confirmation procedures is made up of a
large number of small, homogeneous account balances, transactions, or other items.
• The auditor expects a low exception rate.
• The auditor reasonably believes that recipients of negative confirmation requests will
give the request adequate consideration.
It is desirable to send confirmation requests to the client's vendors when the client's
internal controls are weak, when vendors' statements are not available, or when the
auditor questions the client's integrity.
For a firm that practices good internal controls in the sales and collections
cycle, the function of indicating credit approval should be recorded on which
of the following documents?
A) sales order
B) sales invoice
C) customer order
D) remittance advice
2 A
The overall objective in the audit of the acquisition and payment cycle is
A) to ensure the reliability of the affected accounts.
B) to ensure the accuracy of the affected accounts.
C) to evaluate whether the affected accounts are fairly presented in
accordance with accounting standards.
D) to evaluate whether fraudulent payments were made.
4 C
The most reliable evidence from confirmations is obtained when they are
sent
A) as close to the balance sheet date as possible.
B) at various times throughout the year to different segments of the sample,
so that the entire sample is representative of account balances scattered
throughout the year.
C) several months before the year-end, so the auditor will have adequate
time to perform alternate procedures if they are required.
D) at various times throughout the year to the same group in the sample, so
that the sample will not have a time bias.
7 A
To test for cutoff errors which overstate liabilities, the auditor should trace
the receiving reports issued ________ to vendors' invoices.
A) after year-end
B) before year-end
C) the last day of the fiscal year
D) both before and after year-end
8 A
Auditors are especially concerned with three aspects of internal control for
the sales and collection cycle. Which of the following is not one of their
major concerns?
A) controls over cutoff
B) controls that prevent or detect embezzlements
C) controls over sales discounts
D) controls related to the allowance for uncollectible accounts
12 C
What critical event must take place before goods can be shipped in order to
assure payment can be reasonably expected?
A) determination of correct delivery address
B) credit approval
C) matching of shipping document with sales invoice
D) receipt of sales order from the customer
13 B
For a firm that practices good internal controls in the sales and collections
cycle, the function of indicating credit approval should be recorded on which
of the following documents?
A) sales order
B) sales invoice
C) customer order
D) remittance advice
24 A
To determine that sales are accurately recorded, the unit prices on the
duplicate sales invoices are normally compared with
A) the original invoices.
B) an approved master price list.
C) the amounts recorded in the sales journal for that transaction.
D) the amounts posted to the customer's account in the accounts receivable
master file.
27 B
Prenumbered documents will only be useful for control purposes if
A) a different numerical sequence is used for each company.
B) the sequence is accounted for periodically.
C) employees are allowed to use documents out of numerical sequence.
D) the same numerical sequence is used each accounting period.
28 B
You are auditing the inventory account and are concerned about the
possibility of an inventory overstatement. What is the best audit procedure
to detect damaged inventory?
A) Observe the condition of inventory during the client's physical count.
B) Compare the condition of inventory from the previous year's count to the
current year.
C) Compare inventory turnover from the previous year's inventory to the
current year's inventory.
D) Reconcile the inventory counts to the cost accounting records.
30 A
Which of the following is the risk that audit tests will not uncover existing
exceptions in a sample?
A) sampling risk
B) nonsampling risk
C) audit risk
D) detection risk
31 B
The payroll and personnel cycle ends with which of the following events?
A) interviewing job candidates
B) hiring a new employee
C) existing employees submitting requests for payment for work performed
D) issuance of paychecks
36 D
Financial instruments
A) include debt securities and money market funds.
B) such as derivatives can be used as a way of hedging.
C) must be classified as held-to-maturity securities.
D) All of the above are correct.
41 B
Which of the following is the best way for an auditor to determine that
every name on a company's payroll for the Rodgers factory is that of a bona
fide employee presently on the job?
A) Examine personnel records for accuracy and completeness.
B) Examine employees' names listed on payroll tax returns for agreement
with payroll accounting records.
C) Make a surprise observation of the company's regular distribution of
paychecks.
D) Visit the working areas and confirm with employees their badge or
identification numbers.
43 C
Which of the following is an account that is not affected by the sales and
collection cycle?
A) cash
B) accounts receivable
C) allowance for doubtful accounts
D) accounts payable
48 D
The auditor's objectives for the sales and cash collections activities when the
client is primarily an e-commerce business as compared to a "brick and
mortar" business are
A) unchanged.
B) expanded.
C) mitigated.
D) decreased.
49 A
What critical event must take place before goods can be shipped in order to
assure payment can be reasonably expected?
A) determination of correct delivery address
B) credit approval
C) matching of shipping document with sales invoice
D) receipt of sales order from the customer
50 B
Which of the following is a substantive test of transactions?
A) Review personnel policies.
B) Account for a sequence of payroll checks.
C) Reconcile the disbursements in the payroll journal with the
disbursements on the payroll bank statement.
D) Examine printouts of transactions rejected by the computer as having
invalid employee IDs.
51 C
Which of the following is not a business function within the "Sales" class of
transactions?
A) processing customer orders
B) granting credit
C) processing and recording sales returns and allowances
D) shipping goods
54 C
The audit tests to verify that the client is using an inventory method which is
generally accepted and to verify that physical counts were correctly
summarized are performed during the audit of the
A) acquisition and payments cycle.
B) payroll and personnel cycle.
C) inventory and warehousing cycle.
D) sales and collection cycle.
73 C
A surprise payroll payoff in which employees must pick-up and sign for their
pay check is one means of
A) identifying employees who do not have proper work credentials.
B) establishing a tightly controlled, fraud-free work environment.
C) testing for nonexistent employees.
D) identifying employees who have not submitted proper W-2 forms.
74 C
You are performing the audit of Jenkins and Company. Your tests of controls
and tests of transactions for accounts payable demonstrate that the controls
are operating effectively. This would normally allow you to
A) eliminate the need for substantive testing of balances for accounts
payable.
B) reduce the need for substantive testing of balances for accounts payable.
C) reduce control tests in other transactions cycles.
D) increase the need for substantive testing of balances for accounts
payable.
78 B
Audit procedures designed to uncover credit sales made after the client's
fiscal year-end that relate to the current year being audited provide
evidence for which of the following audit objectives?
A) realizable value
B) accuracy
C) cutoff
D) existence
84 C
Many audits have a ________ risk of misstatement for the payroll cycle.
A) high
B) low
C) moderate
D) zero
85 B
Which of the following is not one of the five classes of transactions included
in the sales and collection cycle?
A) sales returns and allowances
B) write-off of uncollectible accounts
C) bad debt expense
D) interest income
86 D
Which one the following procedures performed for the billing function
provides evidence for the completeness assertion?
A) making sure that all shipments have been billed
B) making sure that no shipment has been billed more than twice
C) making sure that each shipment is billed at the correct amount
D) making sure that each shipment is billed to the proper customer
93 A
The careful and timely preparation of all payroll tax returns is necessary to
avoid penalties and criminal charges. The most important control in the
timely preparation of these returns is
A) computerized preparation of tax returns.
B) a well-defined set of policies that indicate when each form must be filed.
C) independent verification of computer output by a competent individual.
D) the use of an outside payroll service.
94 B
Which of the following is an account that is not affected by the sales and
collection cycle?
A) cash
B) accounts receivable
C) allowance for doubtful accounts
D) accounts payable
108 D
In using sampling distribution for attributes, which one of the following must
be known to evaluate the sample results?
A) estimated dollar value of the population
B) standard exception of the values in the population
C) actual exception rate of the attribute in the population
D) sample size
111 D
Which of the following best describes effective internal control over payroll?
A) The preparation of the payroll must be under the control of the personnel
department.
B) The confidentiality of employee payroll data should be carefully protected
to prevent fraud.
C) The duties of hiring, payroll computation, and payment to employees
should be segregated.
D) The payment of cash to employees should be replaced with payment by
checks.
113 C
When auditing inventory cost accounting, the auditor is concerned with all
of the following except for
A) net realizable value.
B) unit cost records.
C) physical controls over inventory.
D) documents and records for transferring inventory.
115 A
Most companies recognize sales revenue when
A) sales are invoiced.
B) payment is received from the customer.
C) goods are shipped.
D) the customer's order is received.
116 B
________ tests are for omitted transactions, while ________ tests are for
nonexistent transactions.
A) Tracing; vouching
B) Vouching; tracing
C) Verifying; tracking
D) Tracking; verifying
118 A
Which of the following best describes the systems of internal control for
payroll for large companies?
A) loosely structured but well controlled
B) loosely structured and loosely controlled
C) highly structured and well controlled
D) highly structured but loosely controlled
119 C
Which of the following is most correct when using audit sampling for
exception rates?
A) The auditor is concerned with the lowest rate.
B) The auditor is concerned with the highest rate.
C) The auditor is concerned with the average on previous audits.
D) The auditor is not concerned with the exception rate for audits of
nonpublic companies.
120 B
The audit procedure that provides the auditor with the most appropriate
evidence when performing test of details of balances for accounts
receivable is
A) confirmations.
B) recalculation of the aged receivables and uncollectible accounts.
C) tracing credit memos for returned merchandise to receiving room
reports.
D) tracing from shipping documents to journals to the accounts receivable
ledger.
121 A
Which department should be authorized to add and delete employees from
the payroll or change pay rates and deductions?
A) the supervising department
B) the accounting department
C) the human resources department
D) the treasurer's department
122 C
Which of the following is not a key control for sales and cash receipts?
A) active board of directors
B) adequate separation of duties
C) internal verification procedures
D) adequate documents and records
123 A
In the accounts receivable master file, the length of time the account has
been due can be useful to the client and the auditor in preparing the
A) trial balance.
B) working trial balance.
C) accounts receivable trial balance.
D) aged accounts receivable trial balance.
127 D
The reliability of perpetual inventory master files affects the timing and
________ of the auditor's physical examination of inventory.
A) cutoff
B) accuracy
C) nature
D) extent
128 D
When auditing the payroll and personnel cycle, the auditor should keep in
mind that
A) since payroll transactions are typically uniform, all companies have the
same internal controls over payroll.
B) the substantive tests of transactions for the payroll cycle are the same for
all audit clients.
C) controls the auditor intends to rely on to reduce assessed control risk
must be tested with tests of controls.
D) the tests of controls and the substantive tests of transactions for payroll
cannot be combined.
130 C
The auditor traces items from the source documents to the journals in order
to accumulate audit evidence that will satisfy the
A) existence objective.
B) completeness objective.
C) ownership objective.
D) valuation objective.
131 B
The most significant effect of the results of the tests of controls and
substantive tests of transactions in the sales and collection cycle is on
A) bad debt expense.
B) the analytical tests to be performed.
C) the confirmation of accounts receivable.
D) the impact of processing cash receipts.
134 C
The audit of cost accounting begins with the internal transfer of assets from
raw materials to work-in-process to
A) manufacturing overhead.
B) finished goods inventory.
C) the perpetual inventory master files.
D) retail sales.
135 B
The main focus taken by the auditor in verifying liability balances is on the
discovery of
I. understated liabilities.
II. omitted liabilities.
A) I only
B) II only
C) both I and II
D) neither I nor II
136 C
At what point in the acquisition and payment cycle do most companies first
recognize the acquisition and related liability on their records?
A) when the purchase requisition is received by the accounting department
B) when the purchase order is prepared
C) when the company receives the invoice from the vendor
D) when the company receives the goods or services from the vendor
138 D
Before goods are shipped on account, a properly authorized person must
A) prepare the sales invoice.
B) approve the journal entry.
C) approve the customer's credit.
D) verify that the unit price is accurate.
139 C
The auditor's objectives for the sales and cash collections activities when the
client is primarily an e-commerce business as compared to a "brick and
mortar" business are
A) unchanged.
B) expanded.
C) mitigated.
D) decreased.
140 A
The total of the individual employee earnings in the payroll master file
should equal the total
A) balance of gross payroll in general ledger accounts.
B) of the checks drawn to employees for payroll.
C) gross payroll plus the total contributed by the employer for payroll taxes.
D) gross pay for the current week's payroll.
141 A
For most audits, a proper cash receipts cutoff is less important than the sales
cutoff because the improper cutoff of cash
A) is detected and correct when cash is separately audited.
B) is unlikely to have a material impact on the balance sheet or the income
statement.
C) affects items on the balance sheet but does not affect net income.
D) rarely occurs given the control consciousness of most entities.
148 C
Which of the following statements is correct when dealing with sampling for
exception rates?
A) The term exception refers to both deviations from the client's control
procedures and amounts that are not monetarily correct.
B) When used with sampling, the term deviation is synonymous with the
term exception.
C) The actual population exception rate is the same as the sample exception
rate.
D) In using audit sampling for exception rates, the auditor is most concerned
with the confidence interval.
155 A
When an auditor tests to determine if all existing accounts receivable are
included in the aged trial balance,
A) they cannot rely on the self-balancing nature of the accounts receivable
master file.
B) if all sales to a customer are omitted from the sales journal, it is easy to
uncover the understatement of accounts receivable by tests of details of
balances.
C) auditors rarely send accounts receivable confirmations to customers with
zero balances.
D) unrecorded sales to a new customer are easy to identify for confirmation
because that customer is included in the accounts receivable master file.
156 C
Which of the following is not a key control for sales and cash receipts?
A) active board of directors
B) adequate separation of duties
C) internal verification procedures
D) adequate documents and records
157 A
In the accounts receivable master file, the length of time the account has
been due can be useful to the client and the auditor in preparing the
A) trial balance.
B) working trial balance.
C) accounts receivable trial balance.
D) aged accounts receivable trial balance.
158 D
The most effective audit evidence gathered for accounts receivable is the
A) detail tie-in of the records.
B) analysis of the allowance for doubtful accounts.
C) confirmation of accounts receivable.
D) examination of sales invoices.
162 C
Which one the following procedures performed for the billing function
provides evidence for the completeness assertion?
A) making sure that all shipments have been billed
B) making sure that no shipment has been billed more than twice
C) making sure that each shipment is billed at the correct amount
D) making sure that each shipment is billed to the proper customer
163 A
Which of the following would least concern an auditor regarding the lack of
a specific authorization to conduct the sales transaction?
A) granting of credit
B) shipment of goods
C) determination of discounts
D) selling of goods for cash
168 D
When the client's physical inventory occurs before the last day of the year, it
is still necessary to perform an accounts payable cutoff at the time of the
count. In addition, the auditor must verify whether all acquisitions taking
place between the count and the end of the year were added to
A) the physical inventory.
B) accounts payable.
C) accounts payable and cost of goods sold.
D) the physical inventory and accounts payable.
176 D
To determine that sales are accurately recorded, the unit prices on the
duplicate sales invoices are normally compared with
A) the original invoices.
B) an approved master price list.
C) the amounts recorded in the sales journal for that transaction.
D) the amounts posted to the customer's account in the accounts receivable
master file.
177 B
Which of the following audit procedures would normally be included in the
audit plan when auditing the allowance for doubtful accounts?
A) Send positive confirmations.
B) Inquire of the client's credit manager.
C) Send negative confirmations.
D) Examine sales invoices.
178 B
When assessing risk control, the auditor must do all of the following except
A) assess control risk for each objective by evaluating the controls and
deficiencies for each objective.
B) perform the detailed test of balances.
C) identify the key internal controls and deficiencies.
D) associate the key controls and deficiencies with the objectives.
185 B
The risk which the auditor is willing to take in accepting a control as being
effective when the true population exception rate is greater than a tolerable
rate is the
A) finite correction factor.
B) tolerable exception rate.
C) acceptable risk of overreliance.
D) estimated population exception rate.
187 C
________ is normally characterized as a difficult and complex account to
audit.
A) Property, plant and equipment
B) Cash
C) Inventory
D) Prepaid insurance
188 C
Inventory is a complex area to audit for all except which of the following
reasons?
A) Inventory is often in different locations.
B) There are several acceptable valuation methods and some entities use
different methods for different types of inventory.
C) Inventory is often the largest account on the balance sheet.
D) Inventory valuation includes few estimates.
190 D
When using statistical sampling, the auditor would most likely require a
smaller sample if the
A) population increases.
B) desired reliability decreases.
C) desired precision interval narrows.
D) expected exception rate increases.
195 B
________ tests are for omitted transactions, while ________ tests are for
nonexistent transactions.
A) Tracing; vouching
B) Vouching; tracing
C) Verifying; tracking
D) Tracking; verifying
197 A
The auditor is reviewing the receivables listed on the aged trial balance for
notes and related party receivables. Which balance-related audit objective is
he trying to satisfy?
A) detail tie-in
B) existence
C) classification
D) all of the above
198 C
Which one of the following would the auditor consider to be an
incompatible operation if the cashier receives remittances from the mail
room?
A) The cashier prepares the daily deposit.
B) The cashier makes the daily deposit at a local bank.
C) The cashier posts the receipts to the accounts receivable subsidiary ledger
cards.
D) The cashier endorses the checks.
199 C
Column1 Column2
What critical event must take place before goods can be shipped in order
to assure payment can be reasonably expected?
A) determination of correct delivery address
B) credit approval
C) matching of shipping document with sales invoice
D) receipt of sales order from the customer
13
To determine that sales are accurately recorded, the unit prices on the
duplicate sales invoices are normally compared with
A) the original invoices.
B) an approved master price list.
C) the amounts recorded in the sales journal for that transaction.
D) the amounts posted to the customer's account in the accounts
receivable master file.
27
Prenumbered documents will only be useful for control purposes if
A) a different numerical sequence is used for each company.
B) the sequence is accounted for periodically.
C) employees are allowed to use documents out of numerical sequence.
D) the same numerical sequence is used each accounting period.
28
Which of the following is the risk that audit tests will not uncover existing
exceptions in a sample?
A) sampling risk
B) nonsampling risk
C) audit risk
D) detection risk
31
Financial instruments
A) include debt securities and money market funds.
B) such as derivatives can be used as a way of hedging.
C) must be classified as held-to-maturity securities.
D) All of the above are correct.
41
What critical event must take place before goods can be shipped in order
to assure payment can be reasonably expected?
A) determination of correct delivery address
B) credit approval
C) matching of shipping document with sales invoice
D) receipt of sales order from the customer
50
Smith Manufacturing Company's accounts receivable clerk has a friend
who is also a customer of Smith Manufacturing. The accounts receivable
clerk has issued fictitious credit memos to his friend for goods supposedly
returned. The most effective procedure for preventing this activity is to
A) prenumber and account for all credit memorandums.
B) require receiving reports that provide evidence of returned inventory
items to support all credit memorandums before they are approved.
C) have independent sales and accounts receivable departments.
D) mail monthly statements to customers.
52
To test for recorded sales for which there were no actual shipments, the
auditor vouches from the
A) bill of lading to the sales journal.
B) sales journal to the shipping documents.
C) sales journal to the accounts receivable subsidiary ledger.
D) bill of lading to the supporting customer order and sales order.
57
You are performing the audit of Jenkins and Company. Your tests of
controls and tests of transactions for accounts payable demonstrate that
the controls are operating effectively. This would normally allow you to
A) eliminate the need for substantive testing of balances for accounts
payable.
B) reduce the need for substantive testing of balances for accounts
payable.
C) reduce control tests in other transactions cycles.
D) increase the need for substantive testing of balances for accounts
payable.
78
Many audits have a ________ risk of misstatement for the payroll cycle.
A) high
B) low
C) moderate
D) zero
85
An imprest petty cash fund would least likely be used to pay for which of
the following items?
A) minor office supplies
B) monthly interest expense
C) stamps for small mailings
D) small contributions to a local charity
88
Which of the following is a correct statement regarding the shipment of
goods?
A) The shipping document must be in paper form.
B) The shipping document is used to update the perpetual inventory
records.
C) Only one copy of the shipping document is needed.
D) All of the above are correct statements.
92
The careful and timely preparation of all payroll tax returns is necessary to
avoid penalties and criminal charges. The most important control in the
timely preparation of these returns is
A) computerized preparation of tax returns.
B) a well-defined set of policies that indicate when each form must be
filed.
C) independent verification of computer output by a competent individual.
D) the use of an outside payroll service.
94
Which of the following is most correct when using audit sampling for
exception rates?
A) The auditor is concerned with the lowest rate.
B) The auditor is concerned with the highest rate.
C) The auditor is concerned with the average on previous audits.
D) The auditor is not concerned with the exception rate for audits of
nonpublic companies.
120
The auditor traces items from the source documents to the journals in
order to accumulate audit evidence that will satisfy the
A) existence objective.
B) completeness objective.
C) ownership objective.
D) valuation objective.
131
To determine that sales are accurately recorded, the unit prices on the
duplicate sales invoices are normally compared with
A) the original invoices.
B) an approved master price list.
C) the amounts recorded in the sales journal for that transaction.
D) the amounts posted to the customer's account in the accounts
receivable master file.
177
When assessing risk control, the auditor must do all of the following except
A) assess control risk for each objective by evaluating the controls and
deficiencies for each objective.
B) perform the detailed test of balances.
C) identify the key internal controls and deficiencies.
D) associate the key controls and deficiencies with the objectives.
185
When deciding the acceptability of the population,
A) the methodology for deciding the acceptability of the population for
attributes differs from determining the acceptability for nonstatistical
sampling.
B) before the population can be considered acceptable, the CUER
determined on the basis of the actual sample results must be less than or
equal to TER when both are based on the same ARO.
C) when the CUER is greater than the TER, the auditor must increase the
sample size.
D) the CUER is compared with the TER in total, not for each attribute.
186
When using statistical sampling, the auditor would most likely require a
smaller sample if the
A) population increases.
B) desired reliability decreases.
C) desired precision interval narrows.
D) expected exception rate increases.
195
Column22 Column3
B
B
B
B
B
B
D B
B
B
B
B
B
B
B
B
D B
B
B
B
Column3 Count of Column3
A 50
B 48
C 61
D 39
(empty)
Total Result 198
Column1
4
5
6
9
12
14
15
16
18
25
27
28
31
33
36
37
38
39
40
45
46
49
55
58
61
62
65
68
70
English
Credit should be approved before a customer's order is received.
Separate perpetual records are likely to be kept only for raw materials inventory.
Misstatements involving the completeness objective for sales lead to overstatements of assets and income.
A misstatement of an expense account usually also results in an equal misstatement of accounts receivable.
An approved purchase requisition form authorizes shipment of goods to customers.
Firing personnel terminates the payroll and personnel cycle.
A high inherent risk increases planned detection risk and decreases planned substantive tests.
Auditing standard indicate that if the auditor identifies a significant risk at the assertion level, the auditor is not
required to perform substantive procedures.
A credit memo is a document used internally that indicates authority to write-off an account receivable as
uncollectible.
The audit procedure "recompute hours worked from time cards" is normally performed when testing the
completeness objective for payroll.
A vendor invoice is normally prepared at the time tangible goods are received and indicates the description of goods,
the quantity received, the date received, and other relevant data.
Tests of controls and tests of details of balances are the auditor's most important means of verifying account balances
in the payroll and personnel cycle.
A vendor's statement is unreliable and auditors rarely use it
Auditors use the results of the substantive tests of transactions of sales and the collection cycle to determine the
extent to which inherent risk is satisfied for each accounts receivable balance-related audit objective.
Failure to record the acquisition of goods and services received overstates both accounts payable and net income.
A sales invoice is a document that usually indicates credit approval.
The cash account is not part of the acquisitions and payment cycle.
When auditing sales returns and allowances, the emphasis is normally on testing the completeness objective.
Examples of cash equivalents include time deposits, certificates of deposit, and marketable securities.
Tests of detail tie-in are normally conducted last in the audit of the sales and collections cycle.
Both U.S. and international auditing standards require the use of confirmations for accounts receivable.
Auditors typically set performance materiality for accounts payable relatively low.
Auditors typically test details of account balances in the audit of payroll.
The criterion used by most merchandising and manufacturing clients for determining when revenue recognition takes
place is whether title to the goods has passed
The prelisting of cash receipts should be prepared by the individual who has primary responsibility for the recording
of cash receipts
When verifying the correct balance in accounts payable, vendors' invoices are more useful than vendors' statements.
Most accrued liabilities can be identified by the existence of vendors' invoices for the obligation.
To test for the completeness balance-related audit objective, the auditor should review the accounts receivable trail
balance for large or unusual items.
Management typically allocates overhead using total raw materials as the basis for the allocation.
T/F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
Vietnamese
Tín dụng phải được phê duyệt trước khi nhận được đơn đặt hàng của khách hàng.
Các hồ sơ lưu niên riêng biệt có thể chỉ được lưu giữ để kiểm kê nguyên liệu thô.
Các sai sót liên quan đến mục tiêu đầy đủ cho việc bán hàng dẫn đến việc phóng đại tài sản và thu nhập.
Một sai sót trong một tài khoản chi phí thường cũng dẫn đến một sai sót tương đương với các tài khoản phải
thu.
Đơn trưng cầu mua hàng đã được phê duyệt cho phép vận chuyển hàng hóa cho khách hàng.
Sa thải nhân sự chấm dứt chu kỳ biên chế và nhân sự.
Rủi ro cố hữu cao làm tăng rủi ro phát hiện theo kế hoạch và giảm các thử nghiệm nội dung theo kế hoạch.
Chuẩn mực kiểm toán chỉ ra rằng nếu xác định được rủi ro trọng yếu ở cấp độ cơ sở dẫn liệu thì kiểm toán viên
không bắt buộc phải thực hiện các thủ tục cơ bản.
Thư báo ghi có là một tài liệu được sử dụng nội bộ để chỉ ra thẩm quyền xóa sổ một khoản phải thu là không thể
thu hồi được.
Quy trình kiểm toán "tính lại giờ làm việc từ thẻ thời gian" thường được thực hiện khi kiểm tra mục tiêu tính đầy
đủ của bảng lương.
Hóa đơn của nhà cung cấp thường được lập tại thời điểm hàng hóa hữu hình được nhận và cho biết mô tả hàng
hóa, số lượng nhận được, ngày nhận được và các dữ liệu liên quan khác.
Thử nghiệm kiểm soát và thử nghiệm chi tiết các số dư là phương tiện quan trọng nhất của kiểm toán viên để xác
minh các số dư tài khoản trong chu trình tiền lương và nhân sự.
Tuyên bố của nhà cung cấp là không đáng tin cậy và kiểm toán viên hiếm khi sử dụng nó
Kiểm toán viên sử dụng kết quả của các thử nghiệm cơ bản đối với các giao dịch bán hàng và chu kỳ thu tiền để
xác định mức độ rủi ro vốn có được thỏa mãn đối với từng mục tiêu kiểm toán liên quan đến số dư tài khoản
phải thu.
Việc không ghi nhận việc mua lại hàng hóa và dịch vụ đã nhận làm phóng đại cả khoản phải trả và thu nhập ròng.
Hóa đơn bán hàng là một tài liệu thường chỉ ra sự chấp thuận tín dụng.
Tài khoản tiền mặt không phải là một phần của chu trình mua lại và thanh toán.
Khi kiểm toán lợi nhuận bán hàng và các khoản phụ cấp, thông thường người ta nhấn mạnh vào việc kiểm tra
mục tiêu tính đầy đủ.
Ví dụ về các khoản tương đương tiền bao gồm tiền gửi có kỳ hạn, chứng chỉ tiền gửi và chứng khoán thị trường.
Các thử nghiệm về sự liên kết chi tiết thường được tiến hành sau cùng trong quá trình đánh giá chu trình bán
hàng và thu tiền.
Cả hai tiêu chuẩn kiểm toán Hoa Kỳ và quốc tế đều yêu cầu sử dụng các xác nhận đối với các khoản phải thu.
Kiểm toán viên thường đặt tính trọng yếu của kết quả hoạt động đối với các khoản phải trả là tương đối thấp.
Kiểm toán viên thường kiểm tra chi tiết số dư tài khoản trong quá trình kiểm toán bảng lương.
Tiêu chí được hầu hết các khách hàng kinh doanh và sản xuất sử dụng để xác định thời điểm ghi nhận doanh thu
là liệu quyền sở hữu hàng hóa đã được thông qua hay chưa
Việc lập phiếu thu tiền mặt nên được chuẩn bị bởi cá nhân chịu trách nhiệm chính về việc ghi chép các khoản thu
tiền mặt.
Khi xác minh số dư chính xác trong các khoản phải trả, hóa đơn của nhà cung cấp hữu ích hơn so với báo cáo của
nhà cung cấp.
Hầu hết các khoản nợ phải trả dồn tích có thể được xác định bằng sự tồn tại của các hóa đơn của nhà cung cấp
cho nghĩa vụ.
Để kiểm tra tính đầy đủ của mục tiêu kiểm toán liên quan đến số dư, kiểm toán viên cần xem xét số dư các khoản
phải thu đối với các khoản mục lớn hoặc bất thường.
Ban Giám đốc thường phân bổ chi phí chung bằng cách sử dụng tổng số nguyên vật liệu thô làm cơ sở cho việc
phân bổ.
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English
Confirmation is the most common test of details of balances for the accuracy of accounts receivable.
An essential part of the auditor's responsibility in auditing cash receipts is to identify deficiencies in internal control that increa
The auditor should perform procedures to verify the addresses used for the accounts receivable confirmations.
Credit should be approved before a customer's order is received.
Separate perpetual records are likely to be kept only for raw materials inventory.
Misstatements involving the completeness objective for sales lead to overstatements of assets and income.
A confirmation is a type of audit evidence.
Tests of the presentation and disclosure-related objectives are generally done as part of the completion phase of the audit.
A misstatement of an expense account usually also results in an equal misstatement of accounts receivable.
For most clients, the balance sheet accounts related to payroll are normally insignificant, except for labor charged to inventory
The overall objective in the audit of the sales and collection cycle is to evaluate whether the account balances affected by the
An approved purchase requisition form authorizes shipment of goods to customers.
For good internal control, the payroll function should be independent of the human resources department.
Firing personnel terminates the payroll and personnel cycle.
A high inherent risk increases planned detection risk and decreases planned substantive tests.
Auditing standard indicate that if the auditor identifies a significant risk at the assertion level, the auditor is not required to pe
Auditors must maintain control of confirmations until they are returned from the customer.
A credit memo is a document used internally that indicates authority to write-off an account receivable as uncollectible.
At the completion of the tests of controls and substantive tests of transactions, auditors must analyze each exception to deter
Despite the large dollar amounts involved in the payroll and personnel cycle, auditors typically spend less time auditing this cy
The auditors ultimate substantive tests depend on the relative effectiveness of internal controls related to accounts payable.
While most cycles include at least two classes of transactions, the payroll and personnel cycle includes only one class of transa
There should generally be correspondence in the client's file establishing the uncollectibility of their account.
A substantive test of transactions commonly used to test the completeness objective for acquisitions is "Trace from a file of re
The audit procedure "recompute hours worked from time cards" is normally performed when testing the completeness objecti
Auditing the acquisition and payment cycle often takes more time than any other cycle.
A vendor invoice is normally prepared at the time tangible goods are received and indicates the description of goods, the quan
Tests of controls and tests of details of balances are the auditor's most important means of verifying account balances in the p
Favorable results from analytical procedures may reduce the extent to which the auditor needs to test details of balances.
Checks should be prenumbered to make it easier to account for all checks.
A vendor's statement is unreliable and auditors rarely use it
The sales journal is generated from the sales transaction file.
Auditors use the results of the substantive tests of transactions of sales and the collection cycle to determine the extent to wh
Payroll checks should be distributed by someone independent of the payroll and timekeeping functions.
When verifying the transfer of inventory from one location to another, the audit objectives with which the auditor is primarily
accuracy of recorded transfers.
Failure to record the acquisition of goods and services received overstates both accounts payable and net income.
A sales invoice is a document that usually indicates credit approval.
The cash account is not part of the acquisitions and payment cycle.
When auditing sales returns and allowances, the emphasis is normally on testing the completeness objective.
Examples of cash equivalents include time deposits, certificates of deposit, and marketable securities.
The balance-related audit objective realizable value is not applicable when auditing accounts payable.
Physical examination is an essential type of evidence used to verify the existence and count of inventory.
When labor is a material part of inventory valuation, auditors should emphasize testing internal controls over proper classifica
Paying employees for their services ends the payroll and personnel cycle.
Tests of detail tie-in are normally conducted last in the audit of the sales and collections cycle.
Both U.S. and international auditing standards require the use of confirmations for accounts receivable.
An acquisitions transaction file is a computer generated file that includes all information entered into the system regarding ac
The nature, extent, and timing of substantive tests of payroll transactions vary depending, in part, on assessed control risk.
Auditors typically set performance materiality for accounts payable relatively low.
Recording a sale that did not occur violates the occurrence transaction-related audit objective and the existence balance-relat
When auditing accounts payable, the auditor is more concerned about the possibility of understatements than overstatement
For proper internal control, the person(s) responsible for signing the payroll checks should not have access to timekeeping or b
Tests of the realizable value balance-related audit objective are for the purpose of evaluating the allowance for doubtful accou
Hiring personnel initiates the payroll and personnel cycle.
Auditors typically test details of account balances in the audit of payroll.
Auditors primarily emphasize the understatement of liabilities in the audit of accounts payable because they are concerned ab
It is generally more difficult for the auditor to detect payment of fraudulent hours than payment of fictitious employees.
The criterion used by most merchandising and manufacturing clients for determining when revenue recognition takes place is
When auditors evaluate sales returns and allowances, a primary emphasis is on the objective of occurrence.
The most difficult type of cash embezzlement for the auditor to detect is when the cash is stolen before it can be recorded in t
The prelisting of cash receipts should be prepared by the individual who has primary responsibility for the recording of cash re
When verifying the correct balance in accounts payable, vendors' invoices are more useful than vendors' statements.
The shipping point is critical because it is the first point at which company assets are released to another party
A comparison of the current year's inventory turnover ratio with previous years' may indicate the presence of obsolete invent
Most accrued liabilities can be identified by the existence of vendors' invoices for the obligation.
The audit procedure "Examine canceled check for authorized signature, proper endorsement, and cancellation by the bank" is
The theft of cash can occur before receipts are entered in the records or after they are entered in the records.`
To test for the completeness balance-related audit objective, the auditor should review the accounts receivable trail balance f
The extent and timing of an auditor's physical examination of inventory is significantly influenced by the adequacy of the clien
Management typically allocates overhead using total raw materials as the basis for the allocation.
Column2 T/F
T T
T T
T T
F F
F F
F F
T T
T T
F F
T T
T T
F F
T T
F F
F F
F F
T T
F F
T T
T T
T T
T T
T T
T T
F F
T T
F F
F F
T T
T T
F F
T T
F F
T T
T T
F F
F F
F F
F F
F F
T T
T T
T T
T T
F F
F F
T T
T T
F F
T T
T T
T T
T T
T T
F F
T T
T T
F F
T T
T T
F F
F F
T T
T T
F F
T T
T T
F F
T T
F F
Vietnamese
Xác nhận là kiểm tra phổ biến nhất đối với chi tiết số dư về tính chính xác của các khoản phải thu.
Một phần trách nhiệm thiết yếu của kiểm toán viên trong việc kiểm toán các khoản thu tiền mặt là xác định những
khiếm khuyết trong kiểm soát nội bộ làm tăng khả năng xảy ra gian lận.
Kiểm toán viên cần thực hiện các thủ tục để xác minh các địa chỉ được sử dụng để xác nhận các khoản phải thu.
Tín dụng phải được phê duyệt trước khi nhận được đơn đặt hàng của khách hàng.
Các hồ sơ lưu niên riêng biệt có thể chỉ được lưu giữ để kiểm kê nguyên liệu thô.
Các sai sót liên quan đến mục tiêu đầy đủ cho việc bán hàng dẫn đến việc phóng đại tài sản và thu nhập.
Xác nhận là một loại bằng chứng kiểm toán.
Các thử nghiệm về việc trình bày và các mục tiêu liên quan đến thuyết minh thông tin thường được thực hiện như
một phần của giai đoạn hoàn thành cuộc đánh giá.
Một sai sót trong một tài khoản chi phí thường cũng dẫn đến một sai sót tương đương với các tài khoản phải thu.
Đối với hầu hết các khách hàng, các tài khoản trên bảng cân đối kế toán liên quan đến bảng lương thường không
đáng kể, ngoại trừ lao động được tính cho hàng tồn kho.
Mục tiêu tổng thể trong quá trình kiểm toán chu trình bán hàng và thu tiền là đánh giá xem các số dư tài khoản bị
ảnh hưởng bởi chu trình này có được trình bày hợp lý theo các chuẩn mực kế toán hay không
Đơn trưng cầu mua hàng đã được phê duyệt cho phép vận chuyển hàng hóa cho khách hàng.
Để kiểm soát nội bộ tốt, chức năng trả lương nên độc lập với bộ phận nhân sự.
Sa thải nhân sự chấm dứt chu kỳ biên chế và nhân sự.
Rủi ro cố hữu cao làm tăng rủi ro phát hiện theo kế hoạch và giảm các thử nghiệm nội dung theo kế hoạch.
Chuẩn mực kiểm toán chỉ ra rằng nếu xác định được rủi ro trọng yếu ở cấp độ cơ sở dẫn liệu thì kiểm toán viên không
bắt buộc phải thực hiện các thủ tục cơ bản.
Kiểm toán viên phải duy trì kiểm soát các xác nhận cho đến khi chúng được trả lại từ khách hàng.
Thư báo ghi có là một tài liệu được sử dụng nội bộ để chỉ ra thẩm quyền xóa sổ một khoản phải thu là không thể thu
hồi được.
Sau khi hoàn thành các thử nghiệm kiểm soát và thử nghiệm cơ bản của giao dịch, kiểm toán viên phải phân tích từng
ngoại lệ để xác định nguyên nhân và ý nghĩa của ngoại lệ đối với rủi ro kiểm soát đã đánh giá.
Mặc dù có số tiền lớn liên quan đến chu trình trả lương và nhân sự, kiểm toán viên thường dành ít thời gian hơn để
kiểm tra chu trình này so với những người khác.
Các thử nghiệm cơ bản cuối cùng của kiểm toán viên phụ thuộc vào tính hiệu quả tương đối của các kiểm soát nội bộ
liên quan đến các khoản phải trả.
Trong khi hầu hết các chu trình bao gồm ít nhất hai loại giao dịch, thì chu trình trả lương và nhân sự chỉ bao gồm một
loại giao dịch.
Nhìn chung, phải có thư từ trong hồ sơ của khách hàng xác định tính không thể hoạt động của tài khoản của họ.
Nhìn chung, phải có thư từ trong hồ sơ của khách hàng xác định tính không thể hoạt động của tài khoản của họ.
Quy trình kiểm toán "tính lại giờ làm việc từ thẻ thời gian" thường được thực hiện khi kiểm tra mục tiêu tính đầy đủ
của bảng lương.
Việc kiểm toán chu trình mua lại và thanh toán thường mất nhiều thời gian hơn bất kỳ chu trình nào khác.
Hóa đơn của nhà cung cấp thường được lập tại thời điểm hàng hóa hữu hình được nhận và cho biết mô tả hàng hóa,
số lượng nhận được, ngày nhận được và các dữ liệu liên quan khác.
Thử nghiệm kiểm soát và thử nghiệm chi tiết các số dư là phương tiện quan trọng nhất của kiểm toán viên để xác
minh các số dư tài khoản trong chu trình tiền lương và nhân sự.
Kết quả thuận lợi từ các thủ tục phân tích có thể làm giảm mức độ mà kiểm toán viên cần kiểm tra chi tiết các số dư.
Các séc nên được đánh số trước để dễ dàng hơn trong việc hạch toán tất cả các séc.
Tuyên bố của nhà cung cấp là không đáng tin cậy và kiểm toán viên hiếm khi sử dụng nó
Nhật ký bán hàng được tạo từ tệp giao dịch bán hàng.
Kiểm toán viên sử dụng kết quả của các thử nghiệm cơ bản đối với các giao dịch bán hàng và chu kỳ thu tiền để xác
định mức độ rủi ro vốn có được thỏa mãn đối với từng mục tiêu kiểm toán liên quan đến số dư tài khoản phải thu.
Séc tính lương nên được phân phối bởi một người độc lập với chức năng tính lương và chấm công.
Khi xác minh việc chuyển hàng tồn kho từ địa điểm này sang địa điểm khác, mục tiêu kiểm toán mà kiểm toán viên
quan tâm chủ yếu là sự xuất hiện của các lần chuyển đã ghi, tính đầy đủ của việc chuyển đã ghi và tính chính xác của
việc chuyển đã ghi.
Việc không ghi nhận việc mua lại hàng hóa và dịch vụ đã nhận làm phóng đại cả khoản phải trả và thu nhập ròng.
Hóa đơn bán hàng là một tài liệu thường chỉ ra sự chấp thuận tín dụng.
Tài khoản tiền mặt không phải là một phần của chu trình mua lại và thanh toán.
Khi kiểm toán lợi nhuận bán hàng và các khoản phụ cấp, thông thường người ta nhấn mạnh vào việc kiểm tra mục
tiêu tính đầy đủ.
Ví dụ về các khoản tương đương tiền bao gồm tiền gửi có kỳ hạn, chứng chỉ tiền gửi và chứng khoán thị trường.
Giá trị có thể thực hiện được của mục tiêu kiểm toán liên quan đến số dư không được áp dụng khi kiểm toán các
khoản phải trả.
Kiểm tra thực tế là một loại bằng chứng cần thiết được sử dụng để xác minh sự tồn tại và số lượng hàng tồn kho.
Khi lao động là một phần quan trọng của việc xác định giá trị hàng tồn kho, kiểm toán viên nên nhấn mạnh việc thử
nghiệm kiểm soát nội bộ đối với việc phân loại phù hợp các giao dịch trả lương.
Việc trả tiền cho nhân viên cho các dịch vụ của họ kết thúc chu trình trả lương và nhân sự.
Các thử nghiệm về sự liên kết chi tiết thường được tiến hành sau cùng trong quá trình đánh giá chu trình bán hàng và
thu tiền.
Cả hai tiêu chuẩn kiểm toán Hoa Kỳ và quốc tế đều yêu cầu sử dụng các xác nhận đối với các khoản phải thu.
Tệp giao dịch mua lại là tệp được tạo bằng máy tính bao gồm tất cả thông tin được nhập vào hệ thống liên quan đến
các giao dịch mua lại.
Bản chất, mức độ và thời gian của các thử nghiệm cơ bản đối với các giao dịch trả lương thay đổi một phần tùy thuộc
vào rủi ro kiểm soát đã được đánh giá.
Kiểm toán viên thường đặt tính trọng yếu của kết quả hoạt động đối với các khoản phải trả là tương đối thấp.
Việc ghi nhận một giao dịch bán không xảy ra vi phạm mục tiêu kiểm toán liên quan đến giao dịch đã xảy ra và mục
tiêu kiểm toán liên quan đến số dư tồn tại.
Khi kiểm toán các khoản phải trả, kiểm toán viên quan tâm nhiều hơn đến khả năng xảy ra sai sót hơn là nói quá.
Để có kiểm soát nội bộ phù hợp, (những) người chịu trách nhiệm ký kiểm tra bảng lương không được có quyền truy
cập vào việc chấm công hoặc có liên quan đến việc lập bảng lương.
Các thử nghiệm về mục tiêu kiểm toán liên quan đến số dư giá trị có thể thực hiện được nhằm mục đích đánh giá
khoản dự phòng cho các tài khoản khó đòi.
Việc thuê nhân sự bắt đầu chu trình trả lương và nhân sự.
Kiểm toán viên thường kiểm tra chi tiết số dư tài khoản trong quá trình kiểm toán bảng lương.
Kiểm toán viên chủ yếu nhấn mạnh đến việc trình bày thấp các khoản nợ phải trả trong quá trình kiểm toán các
khoản phải trả vì họ lo ngại về trách nhiệm pháp lý tiềm tàng.
Nhìn chung, kiểm toán viên khó phát hiện ra việc thanh toán số giờ gian lận hơn việc thanh toán cho nhân viên hư
cấu.
Tiêu chí được hầu hết các khách hàng kinh doanh và sản xuất sử dụng để xác định thời điểm ghi nhận doanh thu là
liệu quyền sở hữu hàng hóa đã được thông qua hay chưa
Khi kiểm toán viên đánh giá lợi nhuận bán hàng và các khoản phụ cấp, trọng tâm chính là mục tiêu xảy ra.
Loại tham ô tiền mặt khó phát hiện nhất đối với kiểm toán viên là khi tiền mặt bị mất cắp trước khi được ghi vào sổ
nhật ký chứng từ thu tiền.
Việc lập phiếu thu tiền mặt nên được chuẩn bị bởi cá nhân chịu trách nhiệm chính về việc ghi chép các khoản thu tiền
mặt.
Khi xác minh số dư chính xác trong các khoản phải trả, hóa đơn của nhà cung cấp hữu ích hơn so với báo cáo của nhà
cung cấp.
Điểm vận chuyển rất quan trọng vì đây là điểm đầu tiên mà tại đó tài sản của công ty được chuyển giao cho một bên
khác
So sánh tỷ lệ vòng quay hàng tồn kho của năm hiện tại với các năm trước 'có thể chỉ ra sự hiện diện của hàng tồn kho
lỗi thời.
Hầu hết các khoản nợ phải trả dồn tích có thể được xác định bằng sự tồn tại của các hóa đơn của nhà cung cấp cho
nghĩa vụ.
Quy trình kiểm toán "Kiểm tra séc đã hủy để tìm chữ ký được ủy quyền, ký hậu phù hợp và ngân hàng hủy" được sử
dụng để kiểm tra mục tiêu xảy ra đối với các khoản giải ngân tiền mặt.
Việc đánh cắp tiền mặt có thể xảy ra trước khi biên lai được nhập vào hồ sơ hoặc sau khi chúng được nhập vào hồ sơ.
'
Để kiểm tra tính đầy đủ của mục tiêu kiểm toán liên quan đến số dư, kiểm toán viên cần xem xét số dư các khoản
phải thu đối với các khoản mục lớn hoặc bất thường.
Phạm vi và thời gian kiểm tra thực tế hàng tồn kho của kiểm toán viên bị ảnh hưởng đáng kể bởi tính đầy đủ của hồ
sơ hàng tồn kho vĩnh viễn của khách hàng.
Ban Giám đốc thường phân bổ chi phí chung bằng cách sử dụng tổng số nguyên vật liệu thô làm cơ sở cho việc phân
bổ.
T/F Count of Column3
F 29
T 41
Total Result 70