NGÂN HÀNG CÂU H Ỏ I ÔN THI H Ọ C PH Ầ N: KI Ể M TOÁN TÀI CHÍNH (FINANCIAL AUDITING) (4TC) B Ộ MÔN: KI Ể M TOÁN I – NHÓM CÂU H Ỏ I 1: (3 points) 1 Question 1: List and discuss the THREE factors that may affect the reliability of confirmations of accounts receivable. 2 Question 1: List the SIX important documents and records that are normally contained in the revenue process. Briefly describe the importance of proper credit approvals for sales? 3 Question 1: Outline the FIVE major functions in the revenue process. Briefly describe the main responsibility of credit authorization function and billing function 4 Question 1: What inherent risk factors should an auditor consider when auditing the revenue process of a computer manufacturer? 5 Question 1: List the FOUR key segregation of duties in the revenue process? Identify possible errors or fraud resulting from the violation of any TWO keys segregation of duties in the revenue process? 6 Question 1: Briefly describe the main functions of each of the following documents or records: purchase requisition, purchase order, receiving report, supplier invoice, and voucher 7 Question 1: List the TWO substantive analytical procedures that can test accounts payable. What potential errors or fraud can be identified by each analytical procedure? 8 Question 1: List the FOUR substantive procedures an auditor might use to search for unrecorded liabilities. 9 Question 1: Identify FOUR possible disclosure issues related to the purchasing process and related accounts 10 Question 1: What are the differences between accounts receivable and accounts payable confirmations? 11 Question 1: Briefly describe THREE of the following documents or records: Time card, payroll register, payroll master file, and payroll master file changes report 12 Question 1: List 3 of 5 assertions, possible misstatements and control procedures for payroll transactions 13 Question 1: List the FOUR key segregation of duties in the inventory management process. What errors or fraud can occur if any such duties are not separated?
14 Question 1: List the FOUR key segregations of duties in the inventory management process. What errors or fraud can occur if the inventory management function is not separated from the cost accounting function? 15 Question 1: List FIVE things an auditor should do during the observation of the physical count of inventory 16 Question 1: List the major procedures in assessing control risk in the inventory management process 17 Question 1: List THREE substantive analytical procedures that can be used to test the reasonableness of inventory and related account items 18 Question 1: What procedures would an auditor use to verify the completeness, rights and obligations, and valuation assertions for property, plant, and equipment?
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- Fall '19