Audıtıng (ENG)
2021–2022 Final (Dönem Sonu) Çıkmış Soruları
- 20 soru
- Soru metinleri açık; şıklar ve cevap anahtarı uygulamada
- 1Which of the following is not a procedure that auditors typically perform during the subsequent period?
- AReview changes in internal control
- BReview minutes of board of directors' meeting.
- CReview the latest available interim financial statements.
- DInquire about any unusual adjustments made subsequent to the balance sheet date.
- EInquiry of management
- 2Which of the followings can be defined as "a written communication from the client to the auditor formalizing statements that the client has made about matters pertinent to the audit"?
- ARelated party transactions
- BWritten notifications
- CThird party statements
- DLegal letter
- EManagement letter of representation
- 3Which of the followings is not true about analytical procedures?
- AAnalytical procedures include analysis of information among financial and non-financial data.
- BAnalytical procedures are used to examine unusual transactions in financial statement items.
- CAnalytical procedures are used for obtaining evidence about account balances and transactions.
- DAnalytical procedures alone are sufficient audit evidence.
- EAnalytical procedures include the comparison of the company's financial statements with prior period information.
- 4Which of the following is not considered in ethical evaluations at the client acceptance stage?
- AAbility to prepare the audit report to the specified date
- BAdequacy of resources and employees' skills
- CAudit Fee
- DConsidering the conflicts
- EEnsuring compliance with the conditions required by law
- 5Which of the followings is the first phase of a financial statement audit?
- AKnow management assertions about financial statements
- BPlan and design an audit approach based on risk assessment procedures
- CPerform tests of controls and substantive tests of transactions
- DUnderstand objectives and responsibilities for the audit
- EKnow specific audit objectives for classes of transactions, accounts, and disclosures
- 6Which of the following events or conditions is not a common example of signs of going concern risks?
- AAdverse key financial ratios
- BLoss of key management without replacement
- CWithdrawal of financial support by creditors
- DLiability to Banks
- EInability to pay liabilities
- 7In which of the phases of a financial statement audit will the auditor try to establish confidence in the accuracy of the amounts shown in the financial statements by applying analytical procedures and tests of details of balances?
- APhase 1
- BPhase 2 lar.ne aof.so
- CPhase 3
- DPhase 4
- EPhase 5
- 8Which of the following auditor opinions would be decided if the financial statements have been prepared using the going concern basis of accounting but, in the auditor's judgment, management's use of the going concern basis of accounting in the financial statements is inappropriate?
- AAdverse opinion
- BDisclaimer of opinion
- CUnqualified opinion
- Dlof. D) Qualified opinion
- ENegative opinion
- 9I. Alpha risk Il. Wrong rejection risk Ill. Beta risk IV. Wrong acceptance risk Which of the above sampling risks occur in conducting compliance tests related to internal control?
- AIl and I|l
- Bland il
- CIII and IV
- DI and IV
- Eland Ill
- 10What type of audit is covered by the auditing of companies' interim financial statements within the scope of independent auditing standards in a way that gives limited assurance?
- AInternational Standards on Accounting
- BInternational Standards on Assurance Engagement
- CInternational Standards on Auditing
- DInternational Standards on Review Engagement
- EInternational Standards on Related Services
- 11Which one of the formulas refers to audit risk model?
- AInherent Risk x Control Risk × Non-sampling risk
- BInherent Risk x Account Risk x Business Risk
- CInherent Risk x Business Risk x Sampling Risk
- DInherent Risk x Sampling Risk x Detection Risk
- EInherent Risk x Control Risk x Detection Risk
- 12Which of the followings can be defined as unintentional misstatements or omissions of amounts or disclosures in financial statements?
- AUnqualified opinion
- BError
- CAudit risk
- DFraud
- EAssurance
- 13Which of the following is not one of the assertions on account balances and disclosures at the end of the period?
- ARights and obligations
- BExistence
- COccurrence
- DAccuracy, valuation and allocation
- EPresentation
- 14Which of the following is not one of the concepts related to audit?
- APerformance
- BInspection
- CAudit
- DRevision
- EControl
- 15Which evidence collection technique is used in auditing the provision for doubtful trade receivables, depreciation and cost allocations?
- ADocument Review
- BPhysical Examination and Counting
- CInvestigation (Inquiries of the Client)
- DRecalculation
- EAnalytical Procedures
- 16Which of the following type of auditor's opinions would be decided by the auditor, if the auditor is unable to observe the counting of the physical inventory, and the auditor concludes that the possible effects on the financial statements of undetected misstatements, if any, could be material but not pervasive?
- AUnqualified opinion
- BE Adverse qualified opinion
- CDisclaimer of opinion
- DAdverse opinion
- EQualified opinion
- 17For an audit report written on March 15, 2021, what is the deadline for the working papers created in that audit to be collected in a file?
- AMarch 30, 2021
- BJune 15, 2021
- CMay 15, 2021
- DApril 1, 2021
- EApril 30, 2021
- 18I. A management letter Il. Communication of detected fraud and illegal acts, Ill. Internal control deficiencies After the audit is completed, which of the above documents is generally sent to the operating management, rather than to the audit committee and senior management?
- AOnly l
- BII and III
- CI and |l
- D1, I and I|
- EI and Ill
- 19Which of the following refers to the audit evidence obtained from a third party's written response directly to the auditor in a printed, electronic or other storage medium?
- ASubsequent Events
- BExternal Confirmations
- CAnalytical Procedures .
- DAudit Evidence
- EWritten Representations
- 20Which of the followings is not one of the balance-related audit objectives?
- ADetail Tie-In
- BOccurence
- CRights and Obligations .
- DExistence
- ECut-off