AACA 1- C1.1
Authored by Lyra Lascano
Professional Development
University
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10 questions
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1.
FILL IN THE BLANK QUESTION
1 min • 1 pt
What is AUDITING?
2.
FILL IN THE BLANK QUESTION
1 min • 1 pt
Other term for Financial Statement Audit
3.
FILL IN THE BLANK QUESTION
1 min • 1 pt
Objective of external audit
4.
FILL IN THE BLANK QUESTION
1 min • 1 pt
The auditor's level of independence should be at a __________________ level.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An auditor should apply professional skepticism at all times.
TRUE
FALSE
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In quality control for audit of historical financial information, evaluation of integrity should only be applied to new audit clients.
TRUE
FALSE
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In performing audit procedures, the initial audit strategy should be followed without any reservation, modification and revision.
TRUE
FALSE
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