As per SA 300, the audit plan shall include a description of ______
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Question 3 of 20
3. Question
1 points
Category: Advanced Auditing & Professional Ethics
The auditor should apply analytical procedures at the planning stage to _____
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Question 4 of 20
4. Question
1 points
Category: Advanced Auditing & Professional Ethics
Which of the following is correct?
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Incorrect
Question 5 of 20
5. Question
1 points
Category: Advanced Auditing & Professional Ethics
Which of the following audit staff is most likely to be heavily involved in the planning of the audit, evaluation of the results and determination of the audit opinion?
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Incorrect
Question 6 of 20
6. Question
1 points
Category: Advanced Auditing & Professional Ethics
When establishing the overall audit strategy, the auditor shall determine materiality for the ____.
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Incorrect
Question 7 of 20
7. Question
1 points
Category: Advanced Auditing & Professional Ethics
Audit strategy is concerned with designing optimised _____ that seek to achieve the necessary audit assurance at the lowest cost within the constraints of the information available.
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Incorrect
Question 8 of 20
8. Question
1 points
Category: Advanced Auditing & Professional Ethics
Process of establishing the overall audit strategy assists the auditor to determine, subject to the completion of the auditor’s assessment procedures, such matters as:
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Question 9 of 20
9. Question
1 points
Category: Advanced Auditing & Professional Ethics
Auditors may use a strategy-oriented framework, which involves the following steps-
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Incorrect
Question 10 of 20
10. Question
1 points
Category: Advanced Auditing & Professional Ethics
As per SA 300, the auditor shall establish an overall audit strategy that sets the scope, timing and direction of the audit, and that guides the development of the audit plan. In establishing the overall audit strategy, the auditor shall:
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Incorrect
Question 11 of 20
11. Question
1 points
Category: Advanced Auditing & Professional Ethics
Which of the following is not correct?
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Incorrect
Question 12 of 20
12. Question
1 points
Category: Advanced Auditing & Professional Ethics
Typically, an audit planning memorandum would contain the following sections except:
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Question 13 of 20
13. Question
1 points
Category: Advanced Auditing & Professional Ethics
The auditor shall update and change the overall audit strategy and the audit plan as necessary during the course of the audit. The auditor may need to modify the overall audit strategy and audit plan as a result of:
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Question 14 of 20
14. Question
1 points
Category: Advanced Auditing & Professional Ethics
Which of the following is not a part of audit planning activity?
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Incorrect
Question 15 of 20
15. Question
1 points
Category: Advanced Auditing & Professional Ethics
Planning is not a discrete phase of an audit but rather a continuous process. It often begins shortly after ____ and continues until the completion of the current audit engagement.
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Incorrect
Question 16 of 20
16. Question
1 points
Category: Advanced Auditing & Professional Ethics
Which of the following is not a procedure to obtain an understanding of risk in the planning stage?
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Incorrect
Question 17 of 20
17. Question
1 points
Category: Advanced Auditing & Professional Ethics
Which of the following procedures are not done in the evaluation and reporting phase of the audit process model?
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Incorrect
Question 18 of 20
18. Question
1 points
Category: Advanced Auditing & Professional Ethics
Which of the following is not an example of audit documentation:
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Incorrect
Question 19 of 20
19. Question
1 points
Category: Advanced Auditing & Professional Ethics
For the purpose of programme construction, which of the following points should be kept in mind?
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Incorrect
Question 20 of 20
20. Question
1 points
Category: Advanced Auditing & Professional Ethics
Which of the following is incorrect?
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Incorrect
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