Test Bank For Auditing And Assurance Services, 17th Edition by Alvin A Arens
40 vues 1 fois vendu
Cours
Auditing and Assurance Services 17th Edition
Établissement
Auditing And Assurance Services 17th Edition
Book
Auditing and Assurance Services
Test Bank For Auditing And Assurance Services, 17th Edition, Alvin A Arens, Randal J Elder, Mark S Beasley, Chris E Hogan. Table of Contents: PART 1: THE AUDITING PROFESSION
The Demand for Audit and Other Assurance Services
The CPA Profession
Audit Reports
Professional Ethics
Legal Liability
...
Test Bank for Auditing and Assurance Services 17th Edition Arens, Answered (FULL TESTBANK)
Test Bank for Auditing and Assurance services an integrated approach 17th edition by Alvin A. Arens, Randal J. Elder, Mark S. Beasley, Chris E. Hogan
Tout pour ce livre (3)
École, étude et sujet
Auditing and Assurance Services 17th Edition
Auditing and Assurance Services 17th Edition
Vendeur
S'abonner
medpapers
Avis reçus
Aperçu du contenu
FULL TEST BANK
Auditing and Assurance Services 17th edition
by Chris E. Hogan Alvin A. Arens, Randal J.
Elder, Mark S. Beasley ISBN-13
978-0135176146
PRINTED PDF | ORIGINAL DIRECTLY FROM THE PUBLISHER | 100%
VERIFIED ANSWERS | DOWNLOAD IMMEDIATELY AFTER THE ORDER
Complete Test Bank, All Chapters Included.
CHECK OUT MORE FILES HERE:
MEDCONNOISSEURLIBRARIES.COM
, MEDCONNNSJHWDRSTYUYDTFWGSIDYFUDUFTWUDGY
Auditing and Assurance Services, 17e (Arens/Elder/Beasley)
Chapter 1 The Demand for Audit and Other Assurance Services
Learning Objective 1-1
1) The Sarbanes-Oxley Act applies to which of the following companies?
A) All companies
B) Privately held companies
C) Public companies
D) All public companies and privately held companies with assets greater than $500 million
Answer: C
Terms: Sarbanes-Oxley Act
Diff: Easy
Objective: LO 1-1
AACSB: Reflective thinking skills
Topic: SOX
2) Which of the following is considered audit evidence?
A)
Oral statements Written Auditor
made by management Communications Observation
Y N N
B)
Oral statements Written Auditor
made by management Communications Observation
N Y Y
C)
Oral statements Written Auditor
made by management Communications Observation
Y Y Y
D)
Oral statements Written Auditor
made by management Communications Observation
N N Y
Answer: C
Terms: Audit evidence
Diff: Moderate
Objective: LO 1-1
AACSB: Reflective thinking skills
1
ASDFGHJKLKJHGFDSERTYUIUYTRERTYUIUYTRERTYUIUYTR
, MEDCONNNSJHWDRSTYUYDTFWGSIDYFUDUFTWUDGY
3) Evidence is paramount to audit and attestation engagements. List the four basic types of audit
evidence.
Answer: The four types of audit and attestation evidence include:
1. Electronic and documentary data about transactions
2. Written and electronic communications with outsiders
3. Observations by the auditor
4. Oral testimony of the auditee (client)
Terms: Basic types of audit evidence
Diff: Easy
Objective: LO 1-1
AACSB: Reflective thinking skills
4) The criteria by which an auditor evaluates the information under audit may vary with the
information being audited.
A) True
B) False
Answer: A
Terms: Criteria which an auditor evaluates information
Diff: Easy
Objective: LO 1-1
AACSB: Reflective thinking skills
5) The criteria used by an external auditor to evaluate published financial statements are known
as generally accepted auditing standards.
A) True
B) False
Answer: B
Terms: Criteria used by external auditor to evaluate published financial statements
Diff: Easy
Objective: LO 1-1
AACSB: Reflective thinking skills
6) The Sarbanes-Oxley Act establishes standards related to the audits of privately held
companies.
A) True
B) False
Answer: B
Terms: Sarbanes-Oxley Act
Diff: Easy
Objective: LO 1-1
AACSB: Reflective thinking skills
Topic: SOX
2
ASDFGHJKLKJHGFDSERTYUIUYTRERTYUIUYTRERTYUIUYTR
, MEDCONNNSJHWDRSTYUYDTFWGSIDYFUDUFTWUDGY
7) The Sarbanes-Oxley Act is widely viewed as having ushered in sweeping changes to auditing
and financial reporting.
A) True
B) False
Answer: A
Terms: Sarbanes-Oxley Act
Diff: Easy
Objective: LO 1-1
AACSB: Reflective thinking skills
Topic: SOX
8) An auditor must be competent and have an independent mental attitude.
A) True
B) False
Answer: A
Terms: Competence and independent mental attitude
Diff: Easy
Objective: LO 1-1
AACSB: Reflective thinking skills
Learning Objective 1-2
1) Recording, classifying, and summarizing economic events in a logical manner for the purpose
of providing financial information for decision making is commonly called:
A) finance.
B) auditing.
C) accounting.
D) economics.
Answer: C
Terms: Recording, classifying, and summarizing economic events
Diff: Easy
Objective: LO 1-2
AACSB: Reflective thinking skills
2) An accountant:
A) must possess expertise in the accumulation of audit evidence.
B) must decide the number and types of items to test.
C) must have an understanding of the principles and rules that provide the basis for preparing the
accounting information.
D) must be a CPA.
Answer: C
Terms: Distinguishes auditors from accountants
Diff: Moderate
Objective: LO 1-2
AACSB: Reflective thinking skills
3
ASDFGHJKLKJHGFDSERTYUIUYTRERTYUIUYTRERTYUIUYTR
Les avantages d'acheter des résumés chez Stuvia:
Qualité garantie par les avis des clients
Les clients de Stuvia ont évalués plus de 700 000 résumés. C'est comme ça que vous savez que vous achetez les meilleurs documents.
L’achat facile et rapide
Vous pouvez payer rapidement avec iDeal, carte de crédit ou Stuvia-crédit pour les résumés. Il n'y a pas d'adhésion nécessaire.
Focus sur l’essentiel
Vos camarades écrivent eux-mêmes les notes d’étude, c’est pourquoi les documents sont toujours fiables et à jour. Cela garantit que vous arrivez rapidement au coeur du matériel.
Foire aux questions
Qu'est-ce que j'obtiens en achetant ce document ?
Vous obtenez un PDF, disponible immédiatement après votre achat. Le document acheté est accessible à tout moment, n'importe où et indéfiniment via votre profil.
Garantie de remboursement : comment ça marche ?
Notre garantie de satisfaction garantit que vous trouverez toujours un document d'étude qui vous convient. Vous remplissez un formulaire et notre équipe du service client s'occupe du reste.
Auprès de qui est-ce que j'achète ce résumé ?
Stuvia est une place de marché. Alors, vous n'achetez donc pas ce document chez nous, mais auprès du vendeur medpapers. Stuvia facilite les paiements au vendeur.
Est-ce que j'aurai un abonnement?
Non, vous n'achetez ce résumé que pour €19,36. Vous n'êtes lié à rien après votre achat.
