Ask a new question
Sign up
Login
Home
Discover Topics
Referral Program
Loans
Flashcards
Upload
Contact us
Topics
Topic
Business
Study-set
Audit and Assurance Services
Prev
Quiz
Next
Quiz
Audit and Assurance Services
Business
Quiz 2 :
Governance and the Auditor
Study Flashcards
Looking for
Accounting Homework Help?
Unlock Package
Study Flashcards
Unlock Package
Quiz 2 :
Governance and the Auditor
Prev
Quiz
Next
Quiz
Question Type
All
Whose role is it to assist management to improve operational efficiency and effectiveness by monitoring the internal control and risk management systems?
Free
Multiple Choice
Q01
Answer:
Answer:
C
Tags
Add
Choose question tag
Discard
Apply
The audit committee should report to the board of directors on which of these matters?
Free
Multiple Choice
Q02
Answer:
Answer:
B
Tags
Add
Choose question tag
Discard
Apply
Governance is a concept that can be applied to:
Free
Multiple Choice
Q03
Answer:
Answer:
D
Tags
Add
Choose question tag
Discard
Apply
The best practice recommendations for audit committees states that the audit committee should consist of:
Multiple Choice
Q04
Answer:
Unlock to view answer
Tags
Add
Choose question tag
Discard
Apply
The Auditor General has a legislative mandate to:
Multiple Choice
Q05
Answer:
Unlock to view answer
Tags
Add
Choose question tag
Discard
Apply
Earnings management occurs when:
Multiple Choice
Q06
Answer:
Unlock to view answer
Tags
Add
Choose question tag
Discard
Apply
The conformance aspect of enterprise governance covers all these issues except:
Multiple Choice
Q07
Answer:
Unlock to view answer
Tags
Add
Choose question tag
Discard
Apply
An effective audit committee:
Multiple Choice
Q08
Answer:
Unlock to view answer
Tags
Add
Choose question tag
Discard
Apply
Incentives for earnings management are inherent in the management structure but are least likely to originate from:
Multiple Choice
Q09
Answer:
Unlock to view answer
Tags
Add
Choose question tag
Discard
Apply
The approach that has been suggested for operational audits is:
Multiple Choice
Q10
Answer:
Unlock to view answer
Tags
Add
Choose question tag
Discard
Apply
The Australian National Audit Office (ANAO) reports directly to:
Multiple Choice
Q11
Answer:
Unlock to view answer
Tags
Add
Choose question tag
Discard
Apply
The Australian Stock Exchange (ASX) listing rules require an audit committee to be established by:
Multiple Choice
Q12
Answer:
Unlock to view answer
Tags
Add
Choose question tag
Discard
Apply
Which of these is a type of public sector performance audit?
Multiple Choice
Q13
Answer:
Unlock to view answer
Tags
Add
Choose question tag
Discard
Apply
The COSO enterprise risk management integrated framework covers five components of internal control.Which of the following is not a component?
Multiple Choice
Q14
Answer:
Unlock to view answer
Tags
Add
Choose question tag
Discard
Apply
The statement that best describes internal auditing is:
Multiple Choice
Q15
Answer:
Unlock to view answer
Tags
Add
Choose question tag
Discard
Apply
Operational auditing:
Multiple Choice
Q16
Answer:
Unlock to view answer
Tags
Add
Choose question tag
Discard
Apply
The types of operational audit reports issued by an internal auditor are:
Multiple Choice
Q17
Answer:
Unlock to view answer
Tags
Add
Choose question tag
Discard
Apply
The key benefit to management of there being an internal audit function is that:
Multiple Choice
Q18
Answer:
Unlock to view answer
Tags
Add
Choose question tag
Discard
Apply
Which of these is not one of the key trends in internal auditing as identified by the 2017 PricewaterhouseCoopers study?
Multiple Choice
Q19
Answer:
Unlock to view answer
Tags
Add
Choose question tag
Discard
Apply
The SEC proposal on audit committees did not require:
Multiple Choice
Q20
Answer:
Unlock to view answer
Tags
Add
Choose question tag
Discard
Apply
Showing 1 - 20 of 34
Prev
1
...
2
...
Next