last min Flashcards
1
Q
6 risks
A
self interest self review management advocacy familiarity intimidation
2
Q
audit evidence
A
appropriate and sufficient
3
Q
profit
A
5-10
4
Q
revenue
A
0.5-2
5
Q
turnover
A
0.5-1
6
Q
net assets
A
5-10
7
Q
performance
A
50-90
8
Q
inherent risk
A
environment
9
Q
aeiorr gathering evidence
A
analytical enquiry inspection observation reperformance recalculation
10
Q
stages of audit
A
ppacapr preengagement planning accounting system controlling and recording audit programmes performance of audit reporting
11
Q
debtor
A
owe money to us
12
Q
creditor
A
we owe money to them
13
Q
audit objectives
A
Completeness Accuracy Valuation Cutoff Existence Rights Presentation
14
Q
report
A
T&F EM QO MMA QO UD
