Audit Becker Mock Exam questions with accurate answers
4 views 0 purchase
Course
Audit Becker Mock
Institution
Audit Becker Mock
Agreed upon procedures assurance - No opinion/assurance
Agreed upon procedures independence? - Yes
An uncertainy may result in what kind of opinion - All opinions (unmodified, qualified, adverse,
disclaimer)
Auditors primary concern with related party transactions is - disclosed in accordance w...
An uncertainy may result in what kind of opinion - ✔✔All opinions (unmodified, qualified, adverse,
disclaimer)
Auditors primary concern with related party transactions is - ✔✔disclosed in accordance with GAAP
(armslength irreleveant)
Confimrations may be done on... - ✔✔Single Transactions
Does a review require an understanding of I/C? - ✔✔No
Does an audit require an understanding of I/C? - ✔✔Yes
Examination of prospective financial statements do or do not provide assurance? - ✔✔Do
How do you test completeness of dividends? - ✔✔Reviewing outsides sites for posted dividends
declared
How long is the Sox 2 cooling off period? - ✔✔One year
In planning, an auditor is not required to evaluate the __________ ____________ of controls during the
planning process - ✔✔operating effectiveness
In planning, is an auditor required to IUD in internal controls - ✔✔Implemented Internal Controls?
UnderstandingOfInternalControls
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller martinndungu1986. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $9.49. You're not tied to anything after your purchase.