1 .		Analytical procedures are usually
2 .		Evidential matter is generally considered sufficient when
3 .		Physical examination is not an objective means of ascertaining an asset's
4 .		The extent to which analytical procedures provide useful substantive evidence depends on
5 .		A major benefit of computerized analytical procedures is
6 .		Which of the following audit procedures would provide the least reliable evidence that the client has legal title to inventories?
7 .		Which of the following statements is generally correct about the competence of evidential matter?
8 .		An example of an analytical procedure is the comparison of
9 .		An abnormal fluctuation in gross profit that might suggest the need for extended audit procedures for sales and inventories would most likely be identified in the planning phase of the audit by the use of
10 .		Audit evidence can come in different forms with different degrees of persuasiveness. Which of the following is the least persuasive type of evidence?
11 .		Which of the following presumptions does not relate to the appropriateness of audit evidence?
12 .		Which of the following presumptions is correct about the reliability of evidence?
13 .		Of the following, which is the least persuasive type of audit evidence?
14 .		Which of the following types of documentary evidence should the auditor consider to be the most reliable?
15 .		Which of the following statements is generally correct about the appropriateness of evidence?
16 .		In auditing, "the degree to which evidence can be considered believable or worthy of trust" is the definition of "persuasiveness of evidence." [Hint]  True  False
17 .		In auditing, "the degree to which the auditor is convinced that the evidence supports the audit opinion" is the definition of "competence of evidence." [Hint]  True  False
18 .		"Documentation" is defined as the auditor’s receipt of a written response from an independent third party verifying the accuracy of information requested. [Hint]  True  False
19 .		In auditing, "the rechecking, by the auditor, of a sample of the computations and transfers of information made by the client during the period under audit" is the definition of "analytical procedures." [Hint]  True  False
20 .		The audit procedure "re-foot entries in the sales journal to determine whether they were correctly totaled by the client" is an example of an analytical procedure that might be used during the audit of sales transactions. [Hint]  True  False
21 .		is the use of documentation to support recorded transactions or amounts.
22 .		is the timing of audit evidence in relation to the period covered by the audit.
23 .		are written records of the client’s expectations for the period or a comparison of budgets with actual results may indicate whether or not misstatements are likely.
24 .		is the auditor’s receipt of a written or oral response from an independent third party verifying the accuracy of information requested.
25 .		procedures are evaluation of financial information made by a study of plausible or expected relationships among financial and non-financial data.
26 .		The or quality of audit evidence relates to its relevance and reliability. To be relevant, audit evidence must assist the auditor in achieving the audit objective. The reliability of audit evidence depends upon its nature and source.
27 .		An is a detailed list of the audit procedures to be performed in the course of an audit engagement which provides a basis for assigning and scheduling audit work and for determining what work remains to be done.
28 .		are written records of the client's expectations for the period. A comparison with actual results may indicate whether or not errors are likely.
29 .		is the process of establishing the accuracy of recorded transactions by following a transaction back to supporting documents from a prior processing step tracing back.
30 .		is the auditors' evidence gathering technique that provides physical evidence. It is also the process of viewing a client activity or the use of the senses to assess certain activities.
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