Which of the following is not likely a quality control procedure on consultation? a. Identifies areas and specialized situations where consultation is required and encourages personnel to consult with or in use authoritative sources on other complex matters. b. Designates individuals as specialists to serve as authoritative sources and define their authority in consultative situations. c. Assigns an appropriate person or persons to be responsible for assigning personnel to audits. d. Specifies the extent of documentation to be provided for the result of consultation in those areas and specialized situations where consultation is required

Question

Which of the following is not likely a quality control procedure on consultation? a. Identifies areas and specialized situations where consultation is required and encourages personnel to consult with or in use authoritative sources on other complex matters. b. Designates individuals as specialists to serve as authoritative sources and define their authority in consultative situations. c. Assigns an appropriate person or persons to be responsible for assigning personnel to audits. d. Specifies the extent of documentation to be provided for the result of consultation in those areas and specialized situations where consultation is required

Which of the following is not likely a quality
control procedure on consultation?
a. Identifies areas and specialized situations
where consultation is required and
encourages personnel to consult with or
in use authoritative sources on other
complex matters.
b. Designates individuals as specialists to
serve as authoritative sources and define
their authority in consultative situations.
c. Assigns an appropriate person or
persons to be responsible for
assigning personnel to audits.
d. Specifies the extent of documentation to
be provided for the result of consultation
in those areas and specialized situations
where consultation is required

asked Nov 3, 2021 by shubhhw

1 Answer

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Last Answer : Remind management of its primary responsibility for financial statements.

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Last Answer : Remind management of its primary responsibility for financial statements.

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Last Answer : The boundaries of an operation audit are often drawn from anorganization chart and are not limited to a single accounting period

An auditor who believes that a material irregularity may exist should initially a. Consult legal counsel. b. Discuss the matter with those believed to be involved in the perpetration of the material irregularity. c. Discuss the matter with a higher level of management. d. Withdraw from the engagement

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Last Answer : Discuss the matter with a higher level of management.

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Last Answer : Discuss the matter with a higher level of management

Choose one of the following which would describe best the phrase "generally accepted auditing standards": a. They identify the policies and procedures for the conduct of the audit. b. They define the nature and extent of the auditor's responsibilities. c. They provide guidance to the auditor with respect to planning the audit and writing the audit report. d. They set forth a measure a measure of the quality of the performance of audit procedures.

Description : Choose one of the following which would describe best the phrase "generally accepted auditing standards": a. They identify the policies and procedures for the conduct of the audit. b. They define the ... d. They set forth a measure a measure of the quality of the performance of audit procedures.

Last Answer : They set forth a measure a measure of the quality of the performance of audit procedures.

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Description : A successor auditor most likely would make specific inquiries of the predecessor auditor regarding a. Specialized accounting principles of the client's industry. b. Disagreements with management as to ... the client's internal audit staff. d. The uncertainty inherent in applying sampling procedures.

Last Answer : Disagreements with management as to auditing procedures

After studying and evaluating a client's existing internal control, an auditor has concluded that the policies and procedures are well-designed and functioning as intended. Under these circumstances, the auditor would most likely a. Perform further control tests to the extent outlined in the audit program. b. Determine the control policies and procedures that should prevent or detect errors and fraud. c. Set detection risk at a higher level than would be set under conditions of weak internal control. d. Set detection risk at a lower level than would be set under conditions of weak internal control.

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Last Answer : Set detection risk at a higher level than would be set under conditions of weak internal control.

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Which of the following is NOT a purpose of a marketing plan? A)it specifies how resources are to be allocated B)it co -ordinates marketing and production activities C)it assigns responsibilities, tasks and timing D)it assists in management

Description : Which of the following is NOT a purpose of a marketing plan? A)it specifies how resources are to be allocated B)it co-ordinates marketing and production activities C)it assigns responsibilities, tasks and timing D)it assists in management

Last Answer : B)it co-ordinates marketing and production activities

shubhhw · Answer 1 · 2021-11-03T14:56:46+0000

Assigns an appropriate person or
persons to be responsible for
assigning personnel to audits

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