The procedures of buying our AA Reliable Exam Camp File study materials are simple and save the clients’ time. We will send our AA Reliable Exam Camp File exam question in 5-10 minutes after their payment. Because the most clients may be busy in their jobs or other significant things, the time they can spare to learn our AA Reliable Exam Camp File learning guide is limited and little. Our AA Reliable Exam Camp File study materials are ready to help you pass the exam and get the certification. You can certainly get a better life with the certification. What the certificate main? All kinds of the test AA Reliable Exam Camp File certification, prove you through all kinds of qualification certificate, it is not hard to find, more and more people are willing to invest time and effort on the AA Reliable Exam Camp File exam guide, because get the test AA Reliable Exam Camp File certification is not an easy thing, so, a lot of people are looking for an efficient learning method.
Certified Public Accountant AA You may try it!
Certified Public Accountant AA Reliable Exam Camp File - Audit & Insurance In fact, as long as you take the right approach, everything is possible. If you buy our Test AA Engine test prep you will pass the exam easily and successfully，and you will realize you dream to find an ideal job and earn a high income. Our product is of high quality and the passing rate and the hit rate are both high.
At the moment, you must not miss Omgzlook AA Reliable Exam Camp File certification training materials which are your unique choice. Even if you spend a small amount of time to prepare for AA Reliable Exam Camp File certification, you can also pass the exam successfully with the help of Omgzlook CPA AA Reliable Exam Camp File braindump. Because Omgzlook exam dumps contain all questions you can encounter in the actual exam, all you need to do is to memorize these questions and answers which can help you 100% pass the exam.
CPA AA Reliable Exam Camp File - Do not reject learning new things.
Discount is being provided to the customer for the entire CPA AA Reliable Exam Camp File preparation suite. These AA Reliable Exam Camp File learning materials include the AA Reliable Exam Camp File preparation software & PDF files containing sample Interconnecting CPA AA Reliable Exam Camp File and answers along with the free 90 days updates and support services. We are facilitating the customers for the CPA AA Reliable Exam Camp File preparation with the advanced preparatory tools.
It is also known to us that passing the exam is not an easy thing for many people, so a good study method is very important for a lot of people, in addition, a suitable study tool is equally important, because the good and suitable AA Reliable Exam Camp File reference guide can help people pass the exam in a relaxed state. We are glad to introduce the AA Reliable Exam Camp File certification dumps from our company to you.
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
I believe that after you try EMC D-VPX-DY-A-24 training engine, you will love them. EMC D-PSC-MN-01 - All customers have the right to choose the most suitable version according to their need after buying our study materials. Additionally, the Fortinet FCP_FCT_AD-7.2 exam takers can benefit themselves by using our testing engine and get numerous real Fortinet FCP_FCT_AD-7.2 exam like practice questions and answers. Our EMC D-PE-FN-23 exam prep has gained wide popularity among candidates. More about SAP C_ARCON_2404 Exams Dumps: If you want to know more about our test preparations materials, you should explore the related SAP C_ARCON_2404 exam Page.
Updated: May 26, 2022