Chegg Writers

support@cheggwriters.com
  • Home
  • Services
    • Assignment Writing Services
      • Essays
      • Term Paper
      • Literature Review
      • Coursework
      • Case Study
      • Capstone Project
      • Speech Writing
    • Dissertation Writing Services
      • Dissertation Proposal
      • Dissertation Writing
      • Dissertation Editing/Proofreading
      • Grant Proposal
    • Report Writing Services
      • Critical Writing
      • Reflective Writing
    • Admission Writing Services
      • Personal Statement
      • Application Essay
      • Scholarship Essay
      • Curriculum Vitae (CV)
      • Other Services
  • How it Works
  • Testimonials
  • FAQs
  • About Us
  • Contact Us
Place an Order
  • Home
  • blog
  • ACC 490 Final Exam
 

ACC 490 Final Exam

Wednesday, 20 September 2017 / Published in Uncategorized

ACC 490 Final Exam

Get An Answer to this Question.

This document of ACC 490 Final Exam shows the solutions to the following problems:
1. Within the generally accepted auditing standards the general standards relate primarily to
2. The essence of the due care? standards is that the auditor should not be quilty of
3) Gross negligence can best be defined as
4) Section 18 liability is relatively narrow in scope because it relates only to a false or misleading statement in documents filed with the
5) For a particular assertion contril risk is the risk that
6) Which of the following would not be an important factor in the understanding an entity’s industry regulatory environment and other external factors?
7) Which of the following would not be considered underlying accounting data?
8) Which of the following would not be considered corroborating information?
9) The importance of the accept/reject decision for a particular client si reflected in the inclusion of acceptance and continuation of clients as
10) In the communication with the predecessor auditor the potential successor should make specific and reasonable inquiries regarding matters that may affect the decision to accept the engagement. Which of the following items are likely to be included in the inquires?
11) The quality control element(s) most directly related to the auditor’s assessment of her competence to perform the audit is (are)
12) In making judgments about materiality at the account balance level the auditor must consider the relationship between it and financial statement materiality. This should lead the auditor to plan the audit to detect misstatements that
13) The auditor has choosen the preliminary strategy of lower assessed control risk. Which of the following is not? a validly specified component of this strategy?
14) For which of the following accounts is the primarily substantive testing strategy least likely?
15) Which of the following risk factors is an example of an assertion specific inherent risk factor?
16) Which of the following would be considered the most conservative settings for inherent risk and control risk?
17) Which of the following factors are included in a firm’s control environment?
18) A significant deficiency or combination of significant deficiencies that results is more than a remote likelihood that a material misstatement of the annual or interim financial statements will not be prevented ? or detected is the definition of
19) In PPS sampling plans the risk of incorrect rejection is
20) In the audit risk model audit sampling apllies to

Place an Order Now

What you can read next

Find a fraction equivalent to 1/2 with a denominator of 24
kwane sells ice cream cones at the country fair.he has to rent the equipment for
Neuro Linguistic programming & Coaching
Thursday, 03 August 2017 / Published in Uncategorized

ACC 490 Final Exam

Get An Answer to this Question.

1.
Which one of the following is among the three components of
audit risk?

2.
The Hochfelder Case is important because it limited auditor
liability under:

3.
Which of the following is an INCORRECT statement concerning
one of the field work standards?

4.
An auditor would be most likely to issue a “summary of
findings” in connection with which one of the following types of services?

5.
Making sure that the detail of and accounts receivable file
agrees with the general ledger before the file is used to produce confirmations
is an example of which of the following audit procedures?

6.
The auditor has some control over:

7.
Concerning such matters as the integrity of management, errors,
and illegal acts, the auditor should plan the audit with an attitude of:

8.
Incompatible duties are those that allow an irregularity to
be perpetrated:

9.
In making judgments about materiality at the account balance
level, the auditor must consider the relationship between it and financial
statement materiality. This should lead the auditor to plan the audit to
detect misstatements that:

10.
Which one of the following is NOT an inherent limitation in
an entity’s internal controls?

11.
Use of auditor judgment or of a risk matrix is necessary in
revising planned detection risk whenever:

12.
The auditor has decided to use PPS sampling in the
confirmation of individual sales transactions with customers. The
population and the logical sampling unit are most likely to be, respectively:

13.
Which of the following is NOT considered an access control?

14.
Which of the following is NOT an element of a computer-based
system?

15.
The use of computer systems in accounting creates more areas
where errors can occur. Which of the following should be of most concern?

Fill in the Blank

16.
Differences exist between the Securities Act of 1933 and
1934. More cases have been brought against auditors under the 1934 Act
because it applies to annual filings and…………….

17.
The type of risk that is independent of the audit of the
financial statements and therefore cannot be changed is…………….

18.
Occasionally, employees will work together to conceal
fraud. This is known as…………….

19.
Sometimes the auditor does not have the book value of the
individual items in the sample. In this case, the sampling technique to
be used is…………….

20.
According to the Sarbanes-Oxley Act of 2002, the
establishment and maintenance of internal controls is the responsibility
of…………….

True or False

21.
The fact that a company’s management does not place a high
priority on the entity’s values creates a high-risk condition.

22.
The AICPA provides a broad range of services to its members
and the accounting profession. Membership into this organization is
mandatory for Certified Public Accountants.

23.
In order to fully understand the internal controls of an
organization, the auditor must consider circumstances and judgment.

24.
The steps for assessing the risk of material misstatement in
the financial statements include evaluating the types of misstatements that
might occur and evaluating the likelihood and magnitude of potential
misstatements.

25.
Computer abuse and computer fraud essentially mean the same
thing.

26.
A CPA Risk Advisory service consists of decision makers who
are not a member of management or a board of directors.

27.
Internal control can provide absolute assurance to a
company’s management and board of directors regarding the entity’s ability to
achieve objectives.

28.
The auditor has a responsibility to determine if substantial
doubt exists, as of the date of the audit report, regarding the entity’s
ability to continue as a going concern for the following year.

Place an Order Now

What you can read next

If the yield to maturity for a bond is less than thebonds coupon rate then the m
Digestion
Effectivness of the death penalty

 Why Us

 Money-Back Guarantee 


 Plagiarism-free papers


 Affordable Prices and Discounts


 High Quality Papers


 FREE Revisions


 Professional Writers


 24/7 Support Team

We Accept these Payments

 Format and Free Features

 Approx. 275 words / page


 All paper formats (APA, MLA, Harvard, Chicago/Turabian)


 Font: 12 point Arial/Times New Roman


 Double and single spacing


 FREE bibliography page


 FREE title page


 Progressive Delivery

Secure and Confidential

Trusted

NEED HELP WRITING YOUR PAPER?

PLACE AN ORDER WITH US TODAY AND ENJOY A 10% DISCOUNT. USE DISCOUNT CODE: Disc10

Place an Order

CHEGG WRITERS

Our Company


About us 

Contact Us

Our Testimonials

How it Works

Faqs

Tools


Free Plagiarism Checker

Writing Style Guides

Bibliography Generator

Place an Order

Our Services 


Assignment Help & Services

Dissertation Writing Services

Report Writing Services

Admission Writing Services

Formatting/Editing/Proofreading

Payment Methods


Custom Writing Services

ARTS


Architecture
Art history
Aviation
Drama
Classic English literature
Culture
Film studies
Literature
Music
Philosophy
Poetry
Religious studies
Shakespeare studies
Theater studies
World literature

 

SOCIAL


Civics
Cognitive Science
Criminology
Education
Family and consumer science
Health
Journalism
Psychology
Sociology

LANGUAGES


English

ECONOMIC & FINANCE


Economics
Finance

HISTORY & POLITICS 


Political science
World affairs

LAW


Criminal Law
Business Law

HUMAN & NATURE


Anthropology
Archaeology
Astronomy
Biochemistry
Biology
Botany
Chemistry
Ecology
Environmental studies
Genetics
Geography
Medicine
Nursing
Physics
Urban Studies

 

COMPANY INFO

Live Chat 24/7 Availability

+1 (631) 573-5413

support@cheggwriters.com

DMCA.com Protection Status

© 2008— 2017 Chegg Writers. All Rights Reserved.

Attention!
Using services provided by Cheggwriters.com is LEGAL and IS NOT prohibited.

You are allowed to use the custom written papers we provide in the following ways:

  1. Get a better understanding of the topic or coursework
  2. Help you do your own research (if properly referenced)
  3. As a sample and guide for your research (see your school's definition of plagiarism)
  4. For referencing purposes (if referenced properly)
Thank you for choosing our service.

Disclaimer

Chegg Writers: Provides custom writing services including dissertations, research papers, article writing, term papers, coursework, blog content, and other content for research assistance purposes. Ensure you include proper reference for these material.

Cookie Policy

We use cookies to give you the best possible experience on our website. By continuing to browse and use Chegg Writers, you give consent for cookies to be used. We value your privacy and do not close anything to third parties. Thank you for choosing us.

TOP