The first phase of audit planning is risk assessment.

Chap 3

Quiz
•
Other
•
University
•
Easy
Đức Anh Trần
Used 9+ times
FREE Resource
63 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
T
F
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When the prospective client has previously been audited, auditing standards require that the successor auditor make certain inquiries of the predecessor auditor before accepting the engagement.
T
F
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
With few exceptions, the Code of Professional Conduct does not allow an auditor to disclose confidential client information without the client's consent.
T
F
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If the prospective client refuses to allow the predecessor auditor to communicate with the successor auditor, the successor auditor should have reservations about accepting the client.
T
F
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In order to properly preplan the audit, the auditor must determine the engagement team requirements and ensure the independence of the audit team and audit firm.
T
F
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If the internal audit function is competent and objective, the auditor may generally rely on the work of an internal audit function in certain areas to reduce the amount of external audit work in these areas.
T
F
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
All companies must have an audit committee.
T
F
Create a free account and access millions of resources
Similar Resources on Quizizz
66 questions
Intro to Medical Records & Common Forms

Quiz
•
University
60 questions
CBT MOCK 3

Quiz
•
University
60 questions
CIS Environment Audit Questions

Quiz
•
University
60 questions
UAS Kelayakan Dasar Ika 2022/2023

Quiz
•
University
61 questions
Quiz Akuntansi Manajemen

Quiz
•
University
67 questions
Chapter 1 Introduction to networks

Quiz
•
University
67 questions
Audit review quiz

Quiz
•
University
58 questions
FINAL EXAM REVIEW

Quiz
•
University
Popular Resources on Quizizz
15 questions
Multiplication Facts

Quiz
•
4th Grade
25 questions
SS Combined Advisory Quiz

Quiz
•
6th - 8th Grade
40 questions
Week 4 Student In Class Practice Set

Quiz
•
9th - 12th Grade
40 questions
SOL: ILE DNA Tech, Gen, Evol 2025

Quiz
•
9th - 12th Grade
20 questions
NC Universities (R2H)

Quiz
•
9th - 12th Grade
15 questions
June Review Quiz

Quiz
•
Professional Development
20 questions
Congruent and Similar Triangles

Quiz
•
8th Grade
25 questions
Triangle Inequalities

Quiz
•
10th - 12th Grade