Sub T

Question 0

DR RMM

Answer 0

반대로 논다 RMM 이 높으면. DR 잘못을 목차를 risk 가 떨어진다

Question 1

Inherent risk. Control risk

Answer 1

IR. CR. … Risk of Material Misstatement. High. Then Dection Risk low

Question 2

Existence Assertion. - vouching - f record , listing back t supporting documentation. Source original invoice

Answer 2

Same

Question 3

Completeness assertion

Answer 3

F. Source. To record

Question 4

Acceptable audit risk vs Sub T

Answer 4

Acceptable audit risk is low. Sub test increase. 범위 숫자를 작게 잡으면. 반대로 논다. Detection risk. Decrease

Question 5

Segregation of duty for payroll

Answer 5

1. Custodial function. 2 record keeping 3. The authorization of transaction

Question 6

Second standard of field work

Answer 6

Auditors study of a private company’s internal control

Question 7

Special report

Answer 7

Other than prepared by GAAP such as cash basis

Question 8

Examination of a financial forecast

Answer 8

Evaluating 1 the preparation. 2 the support underlying mgmt s assumption

Question 9

Inherent risks

Answer 9

A material misstatement will exist in a financial statement assertion

Question 10

Illegal act

Answer 10

Ethical standard for a company. Consider quitting

Question 11

Embedded audit modules

Answer 11

Are coded. Into a clients application to collect data

Question 12

Integrated data check. Test data generator

Answer 12

Auditor controlled fictitious data