When you see other people in different industry who feel relaxed with high salary, do you want to try another field? And is the difficulty of learning a new piece of knowledge often deterring you? It doesn't matter, now AA Valid Dumps Sheet practice exam offers you a great opportunity to enter a new industry. Our AA Valid Dumps Sheet learning material was compiled from the wisdom and sweat of many industry experts. And it is easy to learn and understand our AA Valid Dumps Sheet exam questions. Are you staying up for the AA Valid Dumps Sheet exam day and night? Do you have no free time to contact with your friends and families because of preparing for the exam? Are you tired of preparing for different kinds of exams? If your answer is yes, please buy our AA Valid Dumps Sheet exam questions, which is equipped with a high quality. We can make sure that our AA Valid Dumps Sheet study materials have the ability to help you solve your problem, and you will not be troubled by these questions above. Take a look at AA Valid Dumps Sheet preparation exam, and maybe you'll find that's exactly what you've always wanted.
Certified Public Accountant AA They are quite convenient.
Certified Public Accountant AA Valid Dumps Sheet - Audit & Insurance With the rapid development of the world economy, it has been universally accepted that a growing number of people have longed to become the social elite. Do you want to find a job that really fulfills your ambitions? That's because you haven't found an opportunity to improve your ability to lay a solid foundation for a good career. Our AA Reliable Cram Materials quiz torrent can help you get out of trouble regain confidence and embrace a better life.
So a lot of people long to know the AA Valid Dumps Sheet study questions in detail. In order to meet the demands of all people, our company has designed the trail version for all customers. We can promise that our company will provide the demo of the AA Valid Dumps Sheet learn prep for all people to help them make the better choice.
CPA AA Valid Dumps Sheet - Join us and you will be one of them.
As we all know, it is difficult to prepare the AA Valid Dumps Sheet exam by ourselves. Excellent guidance is indispensable. If you urgently need help, come to buy our study materials. Our company has been regarded as the most excellent online retailers of the AA Valid Dumps Sheet exam question. So our assistance is the most professional and superior. You can totally rely on our study materials to pass the exam. All the key and difficult points of the AA Valid Dumps Sheet exam have been summarized by our experts. They have rearranged all contents, which is convenient for your practice. Perhaps you cannot grasp all crucial parts of the AA Valid Dumps Sheet study tool by yourself. You also can refer to other candidates’ review guidance, which might give you some help. Then we can offer you a variety of learning styles. Our printable AA Valid Dumps Sheet real exam dumps, online engine and windows software are popular among candidates. So you will never feel bored when studying on our AA Valid Dumps Sheet study tool.
Our AA Valid Dumps Sheet certification questions are close to the real exam and the questions and answers of the test bank cover the entire syllabus of the real exam and all the important information about the exam. Our AA Valid Dumps Sheet learning dump can stimulate the real exam’s environment to make the learners be personally on the scene and help the learners adjust the speed when they attend the real exam.
AA PDF DEMO:
QUESTION NO: 1
Internal auditors and management have become increasingly concerned about computer fraud.
Which of the following control procedures would be least important in preventing computer fraud?
A. Programme change control that requires a distinction between production programmes and test programmes.
B. Testing of new applications by users during the systems development process.
C. Segregation of duties between the applications programmer and the programme librarian function.
D. Segregation of duties between the programmer and systems analyst.
Answer: D
QUESTION NO: 2
The internal auditing department has been assigned to perform an audit of a division. Based on background review, the auditor knows the following about management policies:
Company policy is to rapidly promote divisional managers who show significant success. Thus, successful managers rarely stay at a division for more than three years.
A significant portion of division management's compensation comes in the form of bonuses based on the division's profitability.
The division was identified by senior management as a turnaround opportunity. The division is growing, but is not scheduled for a full audit by the external auditors this year. The division has been growing about 7% per year for the past three years and uses a standard cost system.
During the preliminary review, the auditor notes the following changes in financial data compared to the prior year:
Sales have increased by 10%.
Cost of goods sold has increased by 2%.
Inventory has increased by 15%.
Divisional net income has increased by 8%.
Assume the auditor found that there was a plan to overstate inventory and therefore increase reported profits for the division. If reported correctly, the division would not have shown an increase in net income. The auditor has substantial evidence that the divisional manager was aware of and approved the plan to overstate inventory. There is also some evidence that the manager may have been responsible for the implementation of the plan.
The appropriate audit action would be to
A. Continue to conduct interviews with subordinates until a clear-cut case is made and then report the case to the audit committee.
B. Inform management and the audit committee of the findings and discuss proper follow-up action and/or further investigation with them.
C. Inform the divisional manager of the audit suspicions and obtain the manager's explanation of the findings before pursuing the matter further.
D. Document the case thoroughly and report the suspicions to the external auditor for further review and external reporting.
Answer: B
QUESTION NO: 3
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
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
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
Microsoft SC-100 - If you fail to pass the exam, we will give a full refund. Because the WGU Principles-of-Management cram simulator from our company are very useful for you to pass the exam and get the certification. ISACA CISA-KR - As a thriving multinational company, we are always committed to solving the problem that our customers may have. Although we come across some technical questions of our Fortinet NSE7_EFW-7.2 learning guide during development process, we still never give up to developing our Fortinet NSE7_EFW-7.2 practice engine to be the best in every detail. If you want to be one of them, please take a two-minute look at our Fortinet NSE7_EFW-7.2 real exam.
Updated: May 26, 2022