If you purchase our AA Exam Papers preparation questions, it will be very easy for you to easily and efficiently find the exam focus. More importantly, if you take our products into consideration, our AA Exam Papers study materials will bring a good academic outcome for you. At the same time, we believe that our AA Exam Papers training quiz will be very useful for you to have high quality learning time during your learning process. So it equals that you have made a worthwhile investment. Firstly, you will learn many useful knowledge and skills from our AA Exam Papers exam guide, which is a valuable asset in your life. The AA Exam Papers preparation exam from our company will help you keep making progress.
Certified Public Accountant AA Our website is a very safe and regular platform.
After you use our products, our AA - Audit & Insurance Exam Papers study materials will provide you with a real test environment before the AA - Audit & Insurance Exam Papers exam. On one hand, our AA Valid Study Guide Book test material owns the best quality. When it comes to the study materials selling in the market, qualities are patchy.
Adn the APP online version can be applied to all electronic devices. We have three different versions of our AA Exam Papers exam questions which can cater to different needs of our customers. They are the versions: PDF, Software and APP online.
CPA AA Exam Papers - You will never come across system crashes.
The content system of AA Exam Papers exam simulation is constructed by experts. After-sales service of our study materials is also provided by professionals. If you encounter some problems when using our AA Exam Papers study materials, you can also get them at any time. After you choose AA Exam Papers preparation questions, professional services will enable you to use it in the way that suits you best, truly making the best use of it, and bringing you the best learning results.
When the interface displays that you have successfully paid for our AA Exam Papers study materials, our specific online sales workers will soon deal with your orders. You will receive the AA Exam Papers study materials no later than ten minutes.
AA PDF DEMO:
QUESTION NO: 1
When questions arise on the appropriateness of the going concern assumption made by management and the existence of material misstatements which was not adequately disclosed in the financial statements would lead to auditor's-
A. Qualified opinion
B. Unmodified opinion
C. Disclaimer of opinion
D. Unmodified opinion (but have to include an emphasis of matter paragraph in the auditor's report)
Answer: A
QUESTION NO: 2
When performing risk assessment procedures and related activities to obtain an understanding of the entity and its environment, including the entity's internal control, required by ISA 315, the auditor shall perform certain procedures to obtain information for use in identifying the risks of material misstatement due to fraud.
Which of the following is not a part of an entity's risk assessment process?
A. Identify relevant business risks
B. Assess the likelihood of occurrence
C. Decide upon actions to manage the risks
D. Report the process to the auditors
Answer: D
QUESTION NO: 3
John has been given the following draft figures for Kulran Ltd for the year ended 30 June 2011 to analyse. Materiality has been set at $35,000 and the finance director has told John in a planning meeting that there have been few changes in the year. Budgets were set at 2010 levels and there have been no major movements in non-current assets.
20112010
$$
Revenue3,497,2843,487,286
Cost of sales1,867,2942,008,967
Salaries467,900420,975
Which of the following is normally designed to detect possible material monetary errors in the above figures of financial statements?
A. Test of control
B. Walk-through test
C. Analytical procedure
D. Observation of a procedure
Answer: C
QUESTION NO: 4
An auditor performs an analytical review by comparing the gross margins of various divisional operations with those of other divisions and with the individual division's performance in previous years. The auditor notes a significant increase in the gross margin at one division. The auditor does the preliminary investigation and notes that there were no changes in products, production methods, or divisional management during the year.
Based on the above information, the most likely cause of the increase in gross margin would be
A. An increase in the number of competitors selling similar products.
B. A decrease in the number of suppliers of the material used in manufacturing the product.
C. An overstatement of year-end inventory.
D. An understatement of year-end accounts receivable.
Answer: C
QUESTION NO: 5
Internal auditors must exercise due care if they are to meet their responsibilities for fraud detection. Thus, the existence of certain conditions should raise auditor's professional scepticism concerning possible fraud. Which of the following is most likely to be considered as an indication of possible fraud?
A. A new management team installed as the result of a takeover.
B. Rapid turnover of financial executives.
C. Rapid expansion into new markets.
D. Tax authorities' audit of tax returns.
Answer: B
As long as you study with our SAP C_C4H320_34 exam braindumps for 20 to 30 hours that we can claim that you will pass the exam for sure. WGU Managing-Human-Capital - These professional knowledge will become a springboard for your career, help you get the favor of your boss, and make your career reach it is peak. Palo Alto Networks PSE-Strata - And if you don't believe that, you can free download the demos to have a check before payment. We can be sure that with the professional help of our Salesforce Salesforce-Hyperautomation-Specialist test guide you will surely get a very good experience. SAP C_TS422_2023 - Some customers might worry that passing the exam is a time-consuming process.
Updated: May 26, 2022