ACCT 444 Assignments ACCT 444 Team Assignment Course Project | Page 13

Chapter 16 , pages 543 – 545 : Problems 16-20 , 16-21 , 16-22 , and 16-24 Chapter 17 , page 594 : Problem 17-28

ACCT 444 Week 6 Quiz

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1 . ( TCO 9 ) If the auditor decides to assess control risk at the maximum level in a private company audit , tests of controls are
2 . ( TCO 9 ) When auditors wish to evaluate a sample statistically , the only acceptable selection method is
3 . ( TCO 9 ) One of the ways to eliminate nonsampling risk is through
4 . ( TCO 9 ) A customer mails and records a check to a client for payment of an unpaid account on December 30 . The client receives and records the amount on January 2 . The records of the two organizations will be different on December 31 . Which of the following applies ?
5 . ( TCO 9 ) If the auditor decides not to confirm accounts receivable , the auditor should
6 . ( TCO 9 ) For most audits , inherent risk for accounts receivable is moderate or low except for which balance-related audit objectives ?
7 . ( TCO 9 ) An auditor should perform alternative procedures to substantiate the existence of accounts receivable when
8 . ( TCO 9 ) Which of the following is not a term relevant to sampling for tests of details ?
9 . ( TCO 9 ) The relationship between required sample size and the acceptable risk of incorrect acceptance is
10 . ( TCO 9 ) The acceptable risk of incorrect acceptance is most related to