Академический Документы
Профессиональный Документы
Культура Документы
A. Evidence
B. Assurance Report
C. Criteria
12. In the element responsible party, what engagement is the responsible party is responsible for the subject
matter only?
A. Assertion -based engagement
C. Direct reporting engagement
B. Positive assurance engagement
0. Negative assurance engagement
13. In the element responsible party, what engagement is the responsible party is responsible for the subject
matter information, and may be responsible for the subject matter?
A. Assertion -based engagement
C. Direct reporting engagement
B. Positive assurance engagement
D. Negative assurance engagement
14. Which of the following is not a characteristic of suitable criteria?
A. Completeness
C. Understandability
B. Verifiability
D. Neutrality
15. Subject matter, and subject matter information, of an assurance engagement can take many form such as:
A. financial and Non financial Performance
C. Physical Characteristics
B. Behavior
D. All of the Above
16. In Evidence,
A. Sufficiency
17. In Evidence,
4. Sufficiency
18.
A. Materiality
is the measure of the quality of evidence; that is, its relevance and reliability.
C. Soundness
B. Appropriateness
0. Useiulness
is the measure of quantity.
C. Soundness
B. Appropriateness
D. Usefulness
L.
AUDiTiNG THEORY
(Multiple Choice) Please write your answer before the number
1.
Ule recorenendation of
B. !:IIISC
he
E. No of the above
0_ PRC
C... BOA
2. Philippine Standards on Quality Control (PSQCs) are to be applied for services falling under what standards?
A. PSAs
B. PSREs
C. PSAEs
0. PSRSs
are to be applied in assurance engagements dealing with subject matters other than historical
3.
financial information.
A. PSAs
B. PSREs
D. PSFISs
C. PSAEs
13. Majority
C. at least 8
Issuance of final Philippine Standards and Practice Statements, as well as interpretations, requires approval
members
of
6.
B. Majority
C.. at least 8
A.
At least 10
I.
ii.
Compilation Engagements
Assurance Engagements regarding hiAoricol financial informatiou which ;gactitioner is permitted to perform
is (are)?
A. Only I
C. I, II & IU
B. Both II & IV
D. I, III & IV
C. II, Ut & IV
D. None
8. The objective is a reduction in assurance engagement risk to an acceptably low level in the circumstances of
the engagement, as the basis of a positive form of expression of the practitioner's conclusion'
A. I
B. It
C. III
D. IV
9. The objective is a reduction in assurance engagement risk to a level that is acceptable in the circumstances
of the engagement but where the risk is greater than for a reasonable assurance engagement, as the basis
for a negative form of expression of practitioner's conclusion.
A. I
B. II
C. III
D. IV
10. Whii..h Is not a fundamental ethical princlphn set out in Part A of Code of Ethics?
A.. Integrity
B. Confidentiality
C. Objectivity
D. Independence