Auditing 2 Final Exam Review
PART A 10 marks Chapter 14 pg. 454-466
b. Internal Control Procedure
c. Audit Procedure
1. To cover a shortage
Independent internal verification
of bank reconciliation, including
STUDENT NAME: Saba Akhtar
STUDENT NUMBER: 300771380
AUDITING 1 ACCT 331
DUE: OCTOBER 9th, 2015
WORTH 5% OF TOTAL MARKS
All assignments must be typed in Word. Handwritten
assignments will NOT be accepted.
ethical decision process
professional skepticism - u need proof or evidence.
critical thinking - do the right thing or learn the truth
think both ways. good and bad. all scenarios to a situation
check slide 12. know the slides!
Question 1 (2 marks)
You go through the drive-through window of a fast food restaurant and notice a sign
that reads, Your meal is free if we fail to give you a receipt. Why would the
restaurant post this sign?
Question 2 (5 marks)
_A_ 1. The information s