Quiz M 10 Auditing

Quiz M 10 Auditing - View Attempt 1 of 1 Title: M10...

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View Attempt 1 of 1 Title: M10 Started: March 2, 2009 8:05 PM Submitted: March 2, 2009 8:33 PM Time spent: 00:27:50 Total score: 6/10 = 60% Total score adjusted by 0.0 Maximum possible score: 10 1. If the number of days' sales in accounts receivable decreases significantly, which of the following assertions for accounts receivable most likely is violated? Student Response Value Correct Answer Feedback a. Existence or occurrence 0% b. Completeness 100% c. Rights and obligations 0% d. Classification 0% Score: 1/1 2.
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Auditors sometimes use ratios as audit evidence. For example, an unexplained decrease in the ratio of gross profit to sales may suggest which of the following possibilities? Value % Score: 1/1 3. Tracing bills of lading to sales invoices provides evidence that Value % Score: 0/1 4.
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Which of the following is the best argument against the use of negative accounts receivable confirmations? Value
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Quiz M 10 Auditing - View Attempt 1 of 1 Title: M10...

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