Test of controls is the audit procedures , performed to test the operating effectiveness. The test is for detect material misstatements at assertion level. It requires inspection of documents, reperformance of the control to gather the information. To ascertain: The way that the auditor use the four types of exception reports in assessing the effectiveness of control

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Answer 1

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Chapter 9, Problem 23RQSC

a

To determine

Introduction: Test of controls is the audit procedures, performed to test the operating effectiveness. The test is for detect material misstatements at assertion level. It requires inspection of documents, reperformance of the control to gather the information.

To ascertain: The way that the auditor use the four types of exception reports in assessing the effectiveness of control

b

To determine

Introduction: Test of controls is the audit procedures, performed to test the operating effectiveness. The test is for detect material misstatements at assertion level. It requires inspection of documents, reperformance of the control to gather the information.

To ascertain: The chances that many exceptions affect the auditor’s assessment and judgment of effectiveness of control risk.

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Answer 2

Question

Chapter 9, Problem 23RQSC

a

To determine

Introduction: Test of controls is the audit procedures, performed to test the operating effectiveness. The test is for detect material misstatements at assertion level. It requires inspection of documents, reperformance of the control to gather the information.

To ascertain: The way that the auditor use the four types of exception reports in assessing the effectiveness of control

b

To determine

Introduction: Test of controls is the audit procedures, performed to test the operating effectiveness. The test is for detect material misstatements at assertion level. It requires inspection of documents, reperformance of the control to gather the information.

To ascertain: The chances that many exceptions affect the auditor’s assessment and judgment of effectiveness of control risk.

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Answer 3

Question

Chapter 9, Problem 23RQSC

a

To determine

Introduction: Test of controls is the audit procedures, performed to test the operating effectiveness. The test is for detect material misstatements at assertion level. It requires inspection of documents, reperformance of the control to gather the information.

To ascertain: The way that the auditor use the four types of exception reports in assessing the effectiveness of control

b

To determine

Introduction: Test of controls is the audit procedures, performed to test the operating effectiveness. The test is for detect material misstatements at assertion level. It requires inspection of documents, reperformance of the control to gather the information.

To ascertain: The chances that many exceptions affect the auditor’s assessment and judgment of effectiveness of control risk.

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Answer 4

Question

Chapter 9, Problem 23RQSC

a

To determine

Introduction: Test of controls is the audit procedures, performed to test the operating effectiveness. The test is for detect material misstatements at assertion level. It requires inspection of documents, reperformance of the control to gather the information.

To ascertain: The way that the auditor use the four types of exception reports in assessing the effectiveness of control

b

To determine

Introduction: Test of controls is the audit procedures, performed to test the operating effectiveness. The test is for detect material misstatements at assertion level. It requires inspection of documents, reperformance of the control to gather the information.

To ascertain: The chances that many exceptions affect the auditor’s assessment and judgment of effectiveness of control risk.

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Answer 5

Chapter 9, Problem 23RQSC

a

To determine

Introduction: Test of controls is the audit procedures, performed to test the operating effectiveness. The test is for detect material misstatements at assertion level. It requires inspection of documents, reperformance of the control to gather the information.

To ascertain: The way that the auditor use the four types of exception reports in assessing the effectiveness of control

b

To determine

Introduction: Test of controls is the audit procedures, performed to test the operating effectiveness. The test is for detect material misstatements at assertion level. It requires inspection of documents, reperformance of the control to gather the information.

To ascertain: The chances that many exceptions affect the auditor’s assessment and judgment of effectiveness of control risk.

Answer 6

Chapter 9, Problem 23RQSC

a

To determine

Introduction: Test of controls is the audit procedures, performed to test the operating effectiveness. The test is for detect material misstatements at assertion level. It requires inspection of documents, reperformance of the control to gather the information.

To ascertain: The way that the auditor use the four types of exception reports in assessing the effectiveness of control

Answer 7

Chapter 9, Problem 23RQSC

a

To determine

Introduction: Test of controls is the audit procedures, performed to test the operating effectiveness. The test is for detect material misstatements at assertion level. It requires inspection of documents, reperformance of the control to gather the information.

To ascertain: The way that the auditor use the four types of exception reports in assessing the effectiveness of control

Answer 8

b

To determine

Introduction: Test of controls is the audit procedures, performed to test the operating effectiveness. The test is for detect material misstatements at assertion level. It requires inspection of documents, reperformance of the control to gather the information.

To ascertain: The chances that many exceptions affect the auditor’s assessment and judgment of effectiveness of control risk.

Answer 9

b

To determine

Introduction: Test of controls is the audit procedures, performed to test the operating effectiveness. The test is for detect material misstatements at assertion level. It requires inspection of documents, reperformance of the control to gather the information.

To ascertain: The chances that many exceptions affect the auditor’s assessment and judgment of effectiveness of control risk.

Answer 10

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Ch. 9 - In the revenue cycle, the most significant...Ch. 9 - Which of the following statements is true...Ch. 9 - Prob. 4CYBK Ch. 9 - Prob. 7CYBK Ch. 9 - Prob. 8CYBK Ch. 9 - Prob. 9CYBK Ch. 9 - Prob. 10CYBK Ch. 9 - Prob. 11CYBK Ch. 9 - Prob. 12CYBK Ch. 9 - Prob. 13CYBK

Solution Summary: The author explains that test of controls is the audit procedures, performed to test the operating effectiveness.

Chapter 9 Solutions