Auditing Exam 1 Review Ch 1 Nature of Auditing: * Auditing is the accumulation and evaluation of evidence about information to determine and report on the degree of correspondence b/w the information and established criteria. * Auditing should be done by a competent‚ independent person. Information and Established Criteria: * To do an audit‚ there must be information in a verifiable form and some standards (criteria) by which the auditor can evaluate the information. Accumulating
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ACC 521-011 Example of Auditing Final Exam INSTRUCTIONS: 1. This exam consists of 6 questions‚ on 11 pages. Please answer questions #1. to #5. in the separate EXAM ANSWER BOOK‚ and answer Question #6 - Multiple Choice with explanations - in this book. 2. The time available is 3.0 hours. 3. The exam is worth 50% of your overall course grade. 4. Write your name & student number on the front of the test. 5. This is a closed book test. The only aid that may be used one of the calculator
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REVIEW EXAM II 1. Determine whether the following relations on A = {1‚ 2‚ 3‚ 4} are reflexive‚ symmetric and/or transitive? a. { (2‚ 2)‚ (2‚ 3)‚ (2‚ 4)‚ (3‚ 2)‚ (3‚ 3)‚ (3‚ 4) } b. { (1‚ 1)‚ (2‚ 2)‚ (3‚ 3) } c. { (1‚ 3)‚ (1‚ 4)‚ (2‚ 3)‚ (2‚ 4)‚ (3‚ 1)‚ (3‚ 4) } 2. Which of the following are equivalent relations on the set of people? If not‚ list the property that does not hold. a. { (a‚b) | a and b speak a common language } b. { (a‚b) | a and b have the same sex }
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REVIEW (EXAM # 2) 1. Stereotypes‚ prejudice‚ and discrimination are -problematic world-wide (Page: 147-148) 2. The ABC’s of social psychology are affect‚ behavior‚ and cognition. However‚ when we put the three major concepts of Chapter 5 in this ABC order by considering whether they correspond to affect‚ behavior‚ or cognition. They would be: Prejudice‚ discrimination‚ stereotyping (Page: 147-148) 3. Believing that baby-faced men are harmless is not discrimination. (Page: 147-148)
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Women and Crime CCJ 4670 REVIEW FOR EXAM 2 Review the Key Terms at the end of each chapter. Lecture 5 – Delinquency across the Life Span 1. Describe Claussen’s classic study of children of the Great Depression and its findings. 2. Define “turning point.” -involves a gradual or dramatic change which may lead to a modification‚ reshaping‚ or transition from one state‚ condition‚ or phase to another 3. Describe the various explanations for the age of desistance from crime. As age increases
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BSC 2093 A&P I Lecture Exam 2 Review Sheet Chapter 5: The Integumentary System Know figure 5.1 Identify the different structures that make up the integument including the dermal layers‚ Sweat and Oil glands‚ and Nerve Corpuscles that exist there Know that Skin accounts for 7% of the body weight (911 lbs) Know how to calculate percent skin from a given weight and vice versa. Know the name‚ shape‚ and characteristics of the cell types that exist in the Epidermis Keratinocytes
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Auditing and Assurance Services‚ 14e (Arens) Chapter 24 Completing the Audit Learning Objective 24-1 1) Auditors often integrate procedures for presentation and disclosure objectives with: A) Tests for planning objectives Tests for balance-related objectives Yes Yes B) Tests for planning objectives Tests for balance-related objectives No No C) Tests for planning objectives Tests for balance-related objectives Yes No D) Tests for planning objectives Tests for balance-related
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92When audit risk is at an appropriately low level 83The possibility that the auditors may unknowingly fail to appropriately modify their opinion on financial statements that are materially misstated 49Investigate the identities and reputations of the client’s directors‚ officers‚ and major stockholders 51The reputation of management 81The company’s financial strength and credit rating. 85Make inquiries of the client’s banker‚ legal counsel‚ and predecessor auditor. 26Determine that independence
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Exam 2 Review Ch. 7 * Hominins: Modern humans and all extinct species more closely related to humans than chimps and bonobos * Fossils found in water and wind-eroded exposures‚ rift valleys (Great Africa and Rift Valley)‚ volcanic tuffs‚ rich in potassium‚ café sites. In Africa during the Late Miocene * Majority of known fossil record is from 500‚000 years ago * Characteristics: increased upright posture‚ bipedal locomotion‚ change in diet‚ larger braincase‚ small face‚ smaller
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REVISION LECTURE PAST EXAMS QUESTIONS: These questions are for practice only. They are not at all an indication of the questions on the actual exams. All topics need to be revised from topic 4 onwards for the exam. These questions and possible answers will be discussed during revision lecture. Solution will not be provided on the learning hub. Section A (Short answer) 1. List and briefly explain four factors that contribute to the need for financial report audits. Increasing reliability
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