Week 1 Solutions
2-16 a.
(2)
b.
(2)
c.
(3)
d.
(3)
2-17 a.
(2)
b.
(1)
c.
(2)
d.
(3)
2-19 a.
b.
c.
d.
e.
f.
g.
h.
i.
j.
Engagement performance
Monitoring
Acceptance and continuation of clients and engag
Week 7 Solutions
20-17
a.
(2)
b.
(3)
c.
(3)
20-20
TYPE OF TEST
TRANSACTION-RELATED AUDIT OBJECTIVE(S)
1. Substantive test
of transactions
To determine if monthly payroll costs have been correctly
allo
Week 6 Solutions
14-21
a.
(2)
b.
(1)
c.
(3)
d.
(4)
14-22
a.
(4)
b.
(3)
c.
(1)
d.
(2)
14-23
a.
(4)
b.
(4)
c.
(2)
14-24
1.
a.
2.
a.
b.
Recorded sales are to valid customers who are able to pay
(occurren
Week 2 Solutions
4-18 a.
(1)
b.
(3)
c.
(1)
4-19 a.
(1)
b.
(3)
c.
(3)
4-20
Service
a.
Providing bookkeeping services to a public company
that were preapproved by the audit committee of the
company
Viol
Week 5 Solutions
12-17
a.
(2)
b.
(1)
c.
(3)
d.
(3)
12-18
a.
(1)
b.
(3)
c.
(3)
d.
(3)
12-27
Recommendations to improve
information systems function
Hardwood
Lumber
Companys
The vice president of inform
Week 4 Solutions
9-22 a.
(4)
b.
(2)
c
(1)
9-23 a.
(4)
b.
(3)
c.
(1)
9-24 a.
(2)
b.
(1)
c.
(1)
10-30
a.
(3)
b.
(1)
c.
(4)
10-33
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
Information and communication
Control envi
Week 3 Solutions
6-19 a.
(2)
b.
(3)
c.
(1)
6-20 a.
(1)
b.
(2)
c.
(1)
6-27 a.
Management assertions are implied or expressed representations by
management about the classes of transactions and related