ACC 403 help A Guide to career/Snaptutorial ACC 403 help A Guide to career/Snaptutorial | Page 115

9. Which of the following is the auditor least likely to do when aware of an illegal act? 10. In testing for cutoff, the objective is to determine: 11. The auditor's best defense when material misstatements are not uncovered is to have conducted the audit: 12. If the auditor believes that the financial statements are not fairly stated or is unable to reach a conclusion because of insufficient evidence, the auditor: 13. The evaluations of financial information through analysis of plausible relationships among financial and nonfinancial data is the definition of: 14. Evidence is generally considered appropriate when: 15. An example of a document the auditor receives from the client, but which was prepared by someone outside the client's organization, is a: 16. The Auditing Standards Board has concluded that analytical procedures are so important that they are required during: 17. Appropriateness of evidence is a measure of the: 18. Which of the following is not a characteristic of the reliability of evidence? 19. ________ is the auditor's examination of the client's documents and records to substantiate that the information is included in the financial statements. 20. Most auditors assess inherent risk as high for related parties and related-party transactions because: 21. An auditor should examine minutes of the board of directors' meetings: 22. A related party transaction may be indicated when another company: 23. Initial audit planning involves four matters. Which of the following is not one of these? 24. The audit team gathers information about a new client's business and industry in order to obtain: 25. Which of the following normally signs the engagement letter for an audit of a private company? ========================================================