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ACA Assurance Exam Bundle Questions With 100% Correct Answers.
ACA Assurance Exam Bundle Questions With 100% Correct Answers.
[Show more]ACA Assurance Exam Bundle Questions With 100% Correct Answers.
[Show more]ACA Assurance Exam Questions With 
100% Correct Answers 
5 key elements of audit - answer1. 3 party involvement 
2. subject matter (f/s) 
3. suitable criteria (e.g. UK CGC) 
4. evidence 
5. written report 
ISA 200 - what are the objectives of auditors? - answer- obtain reasonable assurance f/s are 
...
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Add to cartACA Assurance Exam Questions With 
100% Correct Answers 
5 key elements of audit - answer1. 3 party involvement 
2. subject matter (f/s) 
3. suitable criteria (e.g. UK CGC) 
4. evidence 
5. written report 
ISA 200 - what are the objectives of auditors? - answer- obtain reasonable assurance f/s are 
...
ACA - Assurance Exam Questions With 
100% Correct Answers 
what are audit documentations? - answerRECORD of procedures performed, relevant 
evidence obtained and conclusions reached 
why should assurance providers record their work? - answer- assist audit team to plan and 
perform audit 
- assist re...
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Add to cartACA - Assurance Exam Questions With 
100% Correct Answers 
what are audit documentations? - answerRECORD of procedures performed, relevant 
evidence obtained and conclusions reached 
why should assurance providers record their work? - answer- assist audit team to plan and 
perform audit 
- assist re...
ACA Accounting and Assurance Exam 
Questions With Verified Answers 
Reasonable Assurance engagement 
1. Evidence Sought 
2. Opinion Given 
3. Example - answer1. Sufficient and Appropriate 
2. Positive Opinion 
3. The financial statements show a true and fair view in all material respects 
Limited As...
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Add to cartACA Accounting and Assurance Exam 
Questions With Verified Answers 
Reasonable Assurance engagement 
1. Evidence Sought 
2. Opinion Given 
3. Example - answer1. Sufficient and Appropriate 
2. Positive Opinion 
3. The financial statements show a true and fair view in all material respects 
Limited As...
ACA - Assurance Certificate Exam Questions 
With Verified Answers 
CREST - answerCriteria (What are we testing against?) 
Report - 
Evidence 
Subject Matter (Vehicle, Financial Statement). 
Three party relationship 
When do we use MANICS - answerWhen we plan an assurance engagement. 
MANICS Acryonym...
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Add to cartACA - Assurance Certificate Exam Questions 
With Verified Answers 
CREST - answerCriteria (What are we testing against?) 
Report - 
Evidence 
Subject Matter (Vehicle, Financial Statement). 
Three party relationship 
When do we use MANICS - answerWhen we plan an assurance engagement. 
MANICS Acryonym...
Assurance ACA Exam Questions With 
Verified Answers 
Written confirmations are required from all client staff who have made oral representations. True 
or False? - answerA) True 
B) False 
Which one of the following controls is LEAST LIKELY to address the risk that money received 
is not banked? - a...
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Add to cartAssurance ACA Exam Questions With 
Verified Answers 
Written confirmations are required from all client staff who have made oral representations. True 
or False? - answerA) True 
B) False 
Which one of the following controls is LEAST LIKELY to address the risk that money received 
is not banked? - a...
ACA Assurance - Chapter 1 - Concept and 
Need for Assurance Exam Questions With 
Verified Answers 
Definition: Assurance - answerAn assurance firm's satisfaction as to the reliability of an 
assertion being made by one party for the use of another party. 
Identify: 5 Key Elements of an Assurance En...
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Add to cartACA Assurance - Chapter 1 - Concept and 
Need for Assurance Exam Questions With 
Verified Answers 
Definition: Assurance - answerAn assurance firm's satisfaction as to the reliability of an 
assertion being made by one party for the use of another party. 
Identify: 5 Key Elements of an Assurance En...
ACA Assurance Exam Questions With 100% 
Correct Answers 
What's in an audit strategy - answer- broad scope 
- understand the entity 
- understand the accounting systems and internal control systems 
- identifying risk and setting materiality 
- nature, timing and extent of resources necessary 
- mg...
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Add to cartACA Assurance Exam Questions With 100% 
Correct Answers 
What's in an audit strategy - answer- broad scope 
- understand the entity 
- understand the accounting systems and internal control systems 
- identifying risk and setting materiality 
- nature, timing and extent of resources necessary 
- mg...
ICAEW ACA Assurance Certificate Level 
Questions And Answers (Verified And 
Updated) 
What is the mnemonic for the 5 key elements of assurance engagements? - answerCREST 
What does CREST stand for? - answerCriteria, Report, Evidence, Subject Matter, Three 
Party Relationship 
How many levels of assu...
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Add to cartICAEW ACA Assurance Certificate Level 
Questions And Answers (Verified And 
Updated) 
What is the mnemonic for the 5 key elements of assurance engagements? - answerCREST 
What does CREST stand for? - answerCriteria, Report, Evidence, Subject Matter, Three 
Party Relationship 
How many levels of assu...
ICAEW ACA Accounting Exam Questions 
And Answers (Verified And Updated) 
Accounting - answerA way of recording, analysing and summarising transactions of an 
entity. 
Statement of Profit and Loss - answerIt reflects the performance of a business over a period 
of time. 
Statement of Financial Positi...
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Add to cartICAEW ACA Accounting Exam Questions 
And Answers (Verified And Updated) 
Accounting - answerA way of recording, analysing and summarising transactions of an 
entity. 
Statement of Profit and Loss - answerIt reflects the performance of a business over a period 
of time. 
Statement of Financial Positi...
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