The court of auditors - Study guides, Class notes & Summaries

University of South Africa - AUE2601 - Auditing Theory And Practice EXAM PACK 2024 OCTOBER/NOVEMBER 2024 1.5) Password controls  Passwords should be unique to each individual (group passwords should not be used).  Passwords should consist of at least six characters, be random not obvious, and a mix of letters, numbers, upper/lower case and symbols.  Passwords/user-IDs for terminated or transferred personnel should be removed/disabled at the time of termination or transfer....

AFSB 151 Practice Exams Questions and Answers Any promise to answer for another person's debts or defaults, including the promise that a surety makes to the obligee under a bond, derives from which one of these? -Answer- Statutes of frauds Following the Civil War, the growing number and complexity of financial/commercial relationships led to the need for -Answer-Commercial suretyship. In accordance with a contract to build a county shed for the Village of Malcom, Raymone Construction pur...

QUESTION 1 1.1 Briefly explain to two prospective entrepreneurs, Thandeka and Mike, whether or not the requirements for the piercing of the corporate veil in terms of the Companies Act 71 of 2008 and the Close Corporations Act 69 of 1984 are identical. Refer to case law in your answer. (5) 1.2 Frank is an Information Technology (IT) specialist. He wishes to incorporate a company for his business. He does not want to offer any securities to the public. 1.2.1 Advise Frank on the type of compa...

Audit 2 Exam 148 Questions with Verified Answers What are the characteristics professions are distinguished by? - CORRECT ANSWER mastery of certain skill, or education/training; adherence to a common code of values and conducts; and acceptance of a duty to society as a whole utilitarisism - CORRECT ANSWER the greatest happiness should be achieved for the greatest number of people golden rule - CORRECT ANSWER treating others as you want to be treated (reciprocity) theory of rights - C...

What did the principles of the Human Rights Declaration provide the basis for? The principles enshrined in the Human Rights Declaration have provided the basis for all subsequent European data protection laws and standards. (Ch. 1) What right is contained in Article 12 of the Human Rights Declaration? The right to a private life and associated freedoms is contained in Article 12 of the Human Rights Declaration. (Ch. 1) What right is contained in Article 19 of the Human Rights Dec...

1. Tax planning has a higher likelihood of success when a tax practitioner is dealing with an open transaction instead of a closed transaction. a. True b. False 2. If a CPA becomes aware of an error in a tax return, he or she must immediately notify the IRS. a. True b. False 3. The Sarbanes-Oxley Act addresses issues of corporate governance as well as the independence of auditors. a. True b. False 4. An attorney, CPA, or enrolled agent may use advertising to obtain clients under Circular 2...

CEBS: GBA/RPA 3 (new curriculum) latest update 100% pass ERISA Employee Retirement Income Security Act 1974 SOC Reports Service Organization Controls: for external vendors SOC 1 Internal Controls & Financial reports; used by auditors SOC 2 Security, availability, processing integrity, confidentiality and privacy controls;used by management, regulators, and others under an NDA SOC3 Same as SOC2, but available for public use. Tribble V Edison Landmark court case re fiduciary responsibility pe...

AFSB 151 Practice Exam Questions and Answers 2024 Which one of the following characteristics is unique under American personal suretyship compared with corporate suretyship? -Answer-Sureties were protected by laws that were favorable to them Except in the case of a forfeiture bond, if the principal defaults the surety will pay - Answer-Up to the bond penalty, but no more than the obligee's actual loss amount CB Construction entered into a construction contract with Lee Properties. The con...

CIPPE - European Union Institutions - Chapter 2 Question and answers 100% correct 2023/ - correct answers What year was the Treaty of Lisbon? The European Parliament The European Council The Council of the European Union The European Commission The Court of Justice of the European Union The European Central Bank and The Court of Auditors - correct answers What EU Institutions did the Treaty of Lisbon structure? The Treaty of Lisbon promoted the CFREU to a legally binding instrument ...

Forensic Accounting Mid-term Exam Prep |100% Correct Answers| financial auditing *Ans* sampling process based on providing periodic assurances that account balances are statistically and materially accurate, internal controls are adequate, and accounting rules are followed two areas of forensic accounting *Ans* investigative accounting litigation services forensic accounting *Ans* the action of identifying, recording, settling, extracting, sorting, reporting, and verifying past finan...