Auditing Quizzes, Questions & Answers

Recent Quizzes

Do You Understand Auditing For Dummies? Take This Quiz

Do you Understand Auditing for Dummies? Take this Quiz

Recurring analysis of a company's operations and maintaining rigorous systems of internal controls can prevent and detect various forms of fraud and other accounting irregularities. The quiz below covers some facts that...

Questions: 5 | Attempts: 228 | Last updated: Oct 24, 2024

Sample Question
What is an Audit?

A luxury car maker.

An examination and review that produces a detailed report of its findings.

A review of your financial activity.

Auditing Mid-term #2 - Short Answers

Auditing Mid-Term #2 - short answers

Short Answer review questions from assigned homework.

Questions: 16 | Attempts: 350 | Last updated: Mar 15, 2023

Auditing Multiple Choice - Mid-term #2

Auditing Multiple Choice - Mid-Term #2

As you prepare for your midterm exams the quiz below is the second of a series of tests aimed at helping you get an idea of what to expect come exam time. The questions cover most of what you have learnt in class. Try them...

Questions: 61 | Attempts: 2506 | Last updated: Mar 22, 2023

Sample Question
Which of the following is an effective audit planning procedure that helps prevent misunderstandings and inefficient use of audit personnel?

Arrange to make copies, for inclusion in the audit files, of those client supporting documents examined by the auditor.

Arrange to provide the client with copies of the audit programs to be used during the audit.

Arrange a preliminary conference with the client to discuss audit objectives, fees, timing, and other information.

Arrange to have the auditor prepare and post any necessary adjusting or reclassification entries prior to final closing.

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