clapgeek logo
Experience has shown that certain conditions in an organization are symptoms of possible management fraud.
Which of the following conditions would not be considered as an indicator of possible fraud?
In addition to controls over access, processing, program changes, and other functions, a computerized system needs to establish an audit trail of information.
Which of the following information would generally not be included in an audit trail log designed to summaries unauthorized system access attempts?
Which of the following documents would provide the best evidence that a purchase transaction has actually occurred?
Your assurance firm is auditor of Happy Goods. The audit manager has just become engaged to the managing director’s daughter, who he met through a mutual friend. The managing director owns 51% of the shares in Happy Goods. Which of the threat is not there in this case?
During the audit of inventories, an internal auditor specified a precision of 5% instead of the 4% contained in the preliminary audit program.
What would be the impact of the change in precision?
Which of the following documents would provide the most persuasive evidence concerning the existence and valuation of a receivable?
An internal auditor plans to use an analytical review to verify the correctness of various operating expenses in a division.
The use of an analytical review as a verification technique would not be a preferred approach if
The following are potential sources of evidence regarding the effectiveness of the division's total quality management program. Assume that, all comparisons are for similar time periods and duration and current items are compared with similar items before the implementation of the total quality management program.
The least persuasive evidence would be a comparison of
TESTED 24 Nov 2024
