Identify the element of the five categories of control activities is applicable for each control.

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Answer 1

Question

Chapter 13, Problem 27DQP

a.

To determine

Identify the element of the five categories of control activities is applicable for each control.

b.

To determine

State the transaction related audit objectives are applicable for each control.

c.

To determine

Write an audit procedure that could be used to test the control for effectiveness for each control.

d.

To determine

Identify a likely misstatement assuming the control des not exist or not functioning.

e.

To determine

Identify a substantive audit procedure to determine whether the misstatement exists.

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Answer 2

Question

Chapter 13, Problem 27DQP

a.

To determine

Identify the element of the five categories of control activities is applicable for each control.

b.

To determine

State the transaction related audit objectives are applicable for each control.

c.

To determine

Write an audit procedure that could be used to test the control for effectiveness for each control.

d.

To determine

Identify a likely misstatement assuming the control des not exist or not functioning.

e.

To determine

Identify a substantive audit procedure to determine whether the misstatement exists.

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Answer 3

Question

Chapter 13, Problem 27DQP

a.

To determine

Identify the element of the five categories of control activities is applicable for each control.

b.

To determine

State the transaction related audit objectives are applicable for each control.

c.

To determine

Write an audit procedure that could be used to test the control for effectiveness for each control.

d.

To determine

Identify a likely misstatement assuming the control des not exist or not functioning.

e.

To determine

Identify a substantive audit procedure to determine whether the misstatement exists.

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Answer 4

Question

Chapter 13, Problem 27DQP

a.

To determine

Identify the element of the five categories of control activities is applicable for each control.

b.

To determine

State the transaction related audit objectives are applicable for each control.

c.

To determine

Write an audit procedure that could be used to test the control for effectiveness for each control.

d.

To determine

Identify a likely misstatement assuming the control des not exist or not functioning.

e.

To determine

Identify a substantive audit procedure to determine whether the misstatement exists.

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Answer 5

Chapter 13, Problem 27DQP

a.

To determine

Identify the element of the five categories of control activities is applicable for each control.

b.

To determine

State the transaction related audit objectives are applicable for each control.

c.

To determine

Write an audit procedure that could be used to test the control for effectiveness for each control.

d.

To determine

Identify a likely misstatement assuming the control des not exist or not functioning.

e.

To determine

Identify a substantive audit procedure to determine whether the misstatement exists.

Answer 6

Chapter 13, Problem 27DQP

a.

To determine

Identify the element of the five categories of control activities is applicable for each control.

Answer 7

Chapter 13, Problem 27DQP

a.

To determine

Identify the element of the five categories of control activities is applicable for each control.

Answer 8

b.

To determine

State the transaction related audit objectives are applicable for each control.

Answer 9

b.

To determine

State the transaction related audit objectives are applicable for each control.

Answer 10

c.

To determine

Write an audit procedure that could be used to test the control for effectiveness for each control.

Answer 11

c.

To determine

Write an audit procedure that could be used to test the control for effectiveness for each control.

Answer 12

d.

To determine

Identify a likely misstatement assuming the control des not exist or not functioning.

Answer 13

d.

To determine

Identify a likely misstatement assuming the control des not exist or not functioning.

Answer 14

e.

To determine

Identify a substantive audit procedure to determine whether the misstatement exists.

Answer 15

e.

To determine

Identify a substantive audit procedure to determine whether the misstatement exists.

Answer 16

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Answer 17

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Answer 18

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Answer 19

Ch. 13 - Prob. 1RQ Ch. 13 - Prob. 2RQ Ch. 13 - Prob. 3RQ Ch. 13 - Prob. 4RQ Ch. 13 - Prob. 5RQ Ch. 13 - Prob. 6RQ Ch. 13 - Explain how the calculation and comparison to...Ch. 13 - Prob. 8RQ Ch. 13 - Prob. 9RQ Ch. 13 - For each of the eight types of evidence discussed...

Identify the element of the five categories of control activities is applicable for each control.

Solution Summary: The author enumerates the five categories of control activities applicable for each control. They state the transaction related audit objectives, write an audit procedure, and identify a likely misstatement.

Identify the element of the five categories of control activities is applicable for each control.

State the transaction related audit objectives are applicable for each control.

Write an audit procedure that could be used to test the control for effectiveness for each control.

Identify a likely misstatement assuming the control des not exist or not functioning.

Identify a substantive audit procedure to determine whether the misstatement exists.

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Chapter 13 Solutions