Ünite Sınavı Soruları

Which of the following audit risk types generate from the client firm and the auditor has no effect on it?

Which of the following terms is about the information used by the auditor in arriving at the conclusions on which the auditor’s opinion is based?

Which management assertion is exemplified in the following sentence?

"All required disclosures related to bankloans are included in the financial statement footnotes."

Which of the following fundamental principles of ethics refer to being straightforward and honest in all professional and business relationships?

Which of the following is not one of the sub-stages of the reporting stage?

"Examples of the ------------------ process include ongoing evaluation
of the audit firm’s system of internal control, annual testing of quality control procedures and periodic inspection of at least one completed engagement." 

Which of the following terms could best complete the blank in the sentence above?

Which ethical requirement is violated by the audit firm if  information is disclosed  to third parties without proper and specific authority?

Which of the following is implemented to assess the overall reasonableness of transactions and balances?

Which of the following terms refers to the magnitude of misstatements that could reasonably be expected to influence the economic decisions of users made based on the financial statements?

Which of the following terms refers to a set of policies and procedures determined to achieve objectives of the client firm’s management related to financial reporting, operations and compliance?

Which of the following is not one of the audit techniques that the auditor benefits from when obtaining appropriate audit evidence?

If the auditor’s father is the chief executive officer of the client firm, which ethical requirement is violated?

Which of the following is not one of the policies and procedures of human resources in audit firms?

Which of the following is the reason why the auditor
cannot guarantee 100% correctness of financial statements?

Which of the following balance-related audit objectives is related to checking whether transactions are recorded and included in account balances in the proper period?

1. Inherent Risk
2. Sampling Risk
3. Control Risk

Which of the above components of audit risks are generated by the firm?

Which of the following is not one of the transaction-related audit objectives?

1. preparation of the audit plan
2. the evaluation of the audit evidence obtained,
3. forming an audit opinion
4. understanding of the client firm’s business and industry
5. preparation of the audit report

Which of the above are among the actions to be taken in the risk assessment phase of risk-based approach to auditing?

"Work is assigned to staff who have adequate technical training and proficiency."

Which human resource procedure expected from the firm is explained in the following sentence?

-It is the risk resulting from significant conditions, events,
circumstances, actions and inactions that could adversely affect an entity’s ability to achieve its objectives and execute its
strategies.

-It is a risk generated from setting of inappropriate objectives and strategies.

Which type of audit risk is explained above?