Ünite Sınavı Soruları

I. Planning will help the auditor gather sufficient and appropriate evidence to form an opinion
II. Planning will help the auditor perform the audit at an affordable cost.
III. Planning is a continuous and repetitive process.
IV. Planning will help the auditor avoid misunderstandings about the business
V. Planning is a one-time job

Which of the above can be said related to planning?

" _______________ is the maximum amount of misstatement that the auditor can accept."

Which of the following could best fill in the blank in the statement above?

I. Control environment
II. Risk assessment
III. Control activities
IV. Information and communication
V. Monitoring activities

Which of the above are the components of internal control according to the COSO report?

Which of the following are related to scope in the creation of audit strategy ?

Which of the following is not related to Control Environment?

The probability of an auditor to miss misstatements in the financial statements of the client’s business with the collected audit evidence (regarding the account balances) is called by which of the following?

 I. Control is an issue that comes before the audit and should be considered more broadly.
II. While control is a continuous activity, the audit is carried out in a certain period.
III. While the control is carried out simultaneously, the audit is retroactive.
IV. Control and the audit is carried out by people.
V. Independence is essential in control and the audit.

Which of the above are true about the differences between control and audit?

Which of the following is not one of the shortcomings of SMEs in Turkey for running Internal Control Systems?

Which of the following is one of the objectives of the auditor to
benefit from ARPs?

I. Misappropriation of assets
II. Fraudulent financial reporting
III. Corruption
IV. Surveillance

Which of the above are frauds encountered in businesses?

If the risk exists because of the the existence of related parties, foreign partners, complex agreements, what kind of risk is it regarded as?

Which of the following statements is not true about audit risk assessment?

Why must  the  proposal for auditing engagement come from the client?

I. Inherent Risk (IR)
II. Control Risk (CR)
III. Detection Risk (DR)

Which of the following is/are related to “risk of material misstatement” ?

Which of the following are the steps in auditor’s actions during the auditing process?

What is the minimum number of team members in an audit team?

I. Experienced team members should be involved in the assessment
II. Professional self-reliance
III. Professional skepticism
IV. Professional judgement

Which of the above are some of the requirements for success at the risk assessment phase?

Which of the following is not among the objectives of the auditor to
benefit from ARPs?

Which of the following statements about the distinction between control and audit is not true?

Which of the following is not one of the primary goals of the internal control system for a business?