Quiz B 5 Auditing

Quiz B 5 Auditing - View Attempt 1 of 1 Title: M05B...

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View Attempt 1 of 1 Title: M05B Started: April 21, 2009 12:43 AM Submitted: April 21, 2009 1:38 AM Time spent: 00:55:13 Total score: 9/10 = 90% Total score adjusted by 0.0 Maximum possible score: 10 1. During the planning phase of an audit, an auditor is identifying matters for communication to the entity's audit committee. The auditor most likely would ask management whether Student Response Value Correct Answer Feedback a. There was significant turnover in the accounting department 0% b. It consulted with another CPA firm about installing a new computer system 0% c. There were changes in the application of significant accounting policies 100% d. It agreed with the auditor's selection of fraud detection 0%
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Score: 1/1 2. An independent auditor finds that Holdaway Corporation occupies office space, at no charge, in an office building owned by a shareholder. This finding indicates the existence of Value % Score: 1/1 3. Which of the following tends to be most predictable for purposes of analytical procedures
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Quiz B 5 Auditing - View Attempt 1 of 1 Title: M05B...

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