The working papers which auditor prepares for financial statements audit are___________?

Related Mcqs:

Institute of Chartered Accountants of Pakistan was established in____________?

A. 1949 B. 1956 C. 1961 D. 1972...

Analytical procedures issued in the planning stage of an audit, generally

A. Helps to determine the nature, timing and extent of other audit procedures B. Directs attention to potential risk areas C. Indicates important aspects of business D. All of the above...

Which of the following statements is most closely associated with analytical procedure applied at substantive stage?

A. It helps to study relationship among balance sheet accounts B. It helps to discover material misstatements in the financial statements C. It helps to identify possible oversights D. It helps to accumulate evidence supporting the validity of a specific account balance...

When is evidential matter, generally, considered sufficient?

A. When it constitutes entire population B. When it is enough to provide a basis for giving reasonable assurance regarding truthfulness C. When it is objective and relevant D. When auditor collects and evaluates it independently...

Which of the following factors would least likely affect the quantity and content of an auditor’s working papers

A. The assessed level of control risk B. The possibility of peer review C. The nature of auditor’s report D. The content of management representation letter...