Which of the following is an example of intimidation threat to independence of the auditor?
To identify shortages of specific items in an inventory of expensive goods held for retail sale, the most appropriate audit work step is to
In order for internal auditors to be able to recognize potential fraud, they must be aware of the basic characteristics of fraud. Which of the following is not a characteristic of fraud?
During the audit of inventories, an internal auditor specified a precision of 5% instead of the 4% contained in the preliminary audit program.
What would be the impact of the change in precision?
Which of the following documents would provide the most persuasive evidence concerning the existence and valuation of a receivable?
Which of the following areas are addressed by attribute standards?
The auditor wants to understand the actual flow of data regarding cash processing. The most convincing evidence would be obtained by
The consultative approach to auditing emphasizes
The primary concern in a program results audit is a determination that
An internal auditor plans to use an analytical review to verify the correctness of various operating expenses in a division.
The use of an analytical review as a verification technique would not be a preferred approach if
An organization uses a service bureau to process its hourly payroll transactions. The internal auditor is concerned that the hourly payroll for the year has been processed correctly and, in particular, the computation of employee withholding for pension contributions is in accordance with the union contract, which specifies charges each quarter.
Which of the following audit procedures would best accomplish the audit objective?
How does CSA differ from traditional methods of auditing?