Which of the following are you unlikely to see in the current file of auditors’ working papers?

Related Mcqs:

Which of the following should NOT be considered at the planning stage?

A. The timing of the audit B. Analytical review C. Last year’s written representation letter D. Obtaining written representations...

Internal check is carried on by___________?

A. Staff specially appointed for the purpose B. Internal auditor C. Supervisor of the staff D. Members of the staff...

Which of the following statements is, generally, correct about the reliability of audit evidence?

A. To be reliable, evidence should conclusive rather than persuasive B. Effective internal control system provides reliable audit evidence C. Evidence obtained from outside sources routed through the client D. All are correct....

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...

The auditor should examine subsequent realization of revenue such as dividends, interest,commission, etc to:­_____________?

A. identify cases of unrecorded revenue B. ensure proper disclosure in the balance sheet C. recompute accrued income on the data of balance sheet D. Any of these...