Why the clients speak highly of our AA Exam Simulator exam dump? Our dedicated service, high quality and passing rate and diversified functions contribute greatly to the high prestige of our products. We provide free trial service before the purchase, the consultation service online after the sale, free update service and the refund service in case the clients fail in the test. For years our team has built a top-ranking brand with mighty and main which bears a high reputation both at home and abroad. No matter where you are, you can choose your favorite equipment to study our AA Exam Simulator learning materials. As you may know that we have three different AA Exam Simulator exam questions which have different advantages for you to choose. Our AA Exam Simulator study guide can help you improve in the shortest time.
Certified Public Accountant AA Time does not wait!
We make AA - Audit & Insurance Exam Simulator exam prep from exam candidate perspective, and offer high quality practice materials with reasonable prices but various benefits. On one hand, our New AA Test Questions Fee study materials are all the latest and valid exam questions and answers that will bring you the pass guarantee. on the other side, we offer this after-sales service to all our customers to ensure that they have plenty of opportunities to successfully pass their actual exam and finally get their desired certification of New AA Test Questions Fee learning materials.
Once you decide to buy, you will have many benefits like free update lasting one-year and convenient payment mode. We will inform you immediately once there are latest versions of AA Exam Simulator test question released. And if you get any questions, please get contact with us, our staff will be online 24/7 to solve your problems all the way.
CPA AA Exam Simulator - You do not need to study day and night.
Our AA Exam Simulator exam prep will give you a complete after-sales experience. You can consult online no matter what problems you encounter. You can get help anywhere, anytime in our AA Exam Simulator test material. AA Exam Simulator test questions have very high quality services in addition to their high quality and efficiency. If you use AA Exam Simulator test material, you will have a very enjoyable experience while improving your ability. We have always advocated customer first. If you use our learning materials to achieve your goals, we will be honored. AA Exam Simulator exam prep look forward to meeting you.
Every once in a while we will release the new version study materials. You will enjoy our newest version of the AA Exam Simulator study prep after you have purchased them.
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
After you use our study materials, you can get Juniper JN0-452 certification, which will better show your ability, among many competitors, you will be very prominent. Microsoft MB-280 - When the online engine is running, it just needs to occupy little running memory. Juniper JN0-460 - It will be a first step to achieve your dreams. High question hit rate makes you no longer aimless when preparing for the exam, so you just should review according to the content of our SAP C_LIXEA_2404 study guide prepared for you. Our ISTQB CT-AI real exam try to ensure that every customer is satisfied, which can be embodied in the convenient and quick refund process.
Updated: May 26, 2022