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• Question 17 When assessing internal auditors' objectivity, an
independent auditor should
• Question 18 Which of the following factors most likely would
assist an independent auditor in assessing the objectivity of the
internal auditor?
• Question 19 Which of the following is the most effective control
to detect vouchers that were prepared for the payment of goods
that were not received?
• Question 20 Miller Retailing, Inc. maintains a staff of three full-
time internal auditors who report directly to the controller. In
planning to use the internal auditors to provide assistance in
performing the audit, the independent auditor most likely will
• Question 21 The accounts payable department receives the
purchase order form to accomplish all of the following except
• Question 22 The independent auditor should acquire an
understanding of the internal audit function as it relates to the
independent auditor’s consideration of internal control because
• Question 23 For effective internal control purposes, the
vouchers payable department generally should
• Question 24 For which of the following judgments may an
independent auditor share responsibility with an entity’s internal
auditor who is assessed to be both competent and objective?
• Question 25 If the independent auditor decides that the work
performed by internal auditors may have a bearing on the
independent auditor’s own procedures, the independent auditor
should consider the objectivity of the internal auditors. One
method of judging objectivity is to
• Question 26 While obtaining an understanding of a client’s risk
assessment policies, an auditor ordinarily considers how
management
• Question 27 Management’s attitude toward aggressive financial
reporting and its emphasis on meeting projected profit goals most
likely would significantly influence an entity’s control
environment when
• Question 28 Which of the following statements is correct
regarding internal control?