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Unformatted text preview: f you discover an error or ambiguity on
working. GOOD LUCK!
the exam, make the best assumption you can and continueIf you discover an error or amb iguity on
Do not ask the exam proctors questions can and continue working. GOOD LUCK!
the exam, make the best assumption you can and continue working. GOOD LUCK!
and continue working. GOOD LUCK!
1 Which of the following is NOT one of the duties of an internal auditor?
a To examine the financial records of departments throughout the company
b To determine if the company's internal controls are adequate.
c To write the opinion that is the cover sheet of the company's annual report.
d To inform management and the supervisory committee of any major problems discovered
e To find and correct any internal control weaknesses. 2 Which of the following is the best opinion an external auditor can issue?
a Resolved opinion
b Opinion with guarantees
c Qualified opinion
d Opinion of agreement
e Unqualified opinion 3 Which of the following is required by Section 404 of Sarbanes-Oxley?
a External auditors must give their opinion on the strength of th...
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This note was uploaded on 12/15/2013 for the course BUS-A 100 taught by Professor Tiller during the Fall '08 term at Indiana.
- Fall '08