这是一篇来自香港的关于审计和企业服务相关的作业代写

1. What is the term used to describe a systematic process of objectively obtaining evidence regarding assertions about economic actions and events to ascertain the degree of correspondence between those assertions and established criteria and communicating the results to interested users?

1. Internal audit.
2. Financial audit.
3. External audit.
4. Integrated audit

2. Which one of the following is not an example of an independence violation?

1. Audit partner’s spouse is the CFO at a client.
2. Audit firm accepts money for conducting the audit.
3. Auditors owning a small amount of stock in a client.
4. Providing investment tips to friends about clients.

3. Which one of the following is a potential problem with management’s communication of financial information that causes third parties to desire the independent auditor’s assessment of the financial statement presentation?

1. Complexity of transactions affecting the financial statements.
2. Lack of criteria on which to base information.
3. Remoteness of the user from the organization.
4. Both A and C.

4. To conduct an audit, what must an auditor do?

1. Comply with relevant ethical standards.
2. Exercise perfect judgment.
3. Obtain sufficient appropriate evidence to provide absolute assurance.
4. All of the above.

5. Which of the following best represents fraudulent financial reporting?

1. The transfer agent issues 40,000 shares of the company’s stock to a friend without authorization by the board of directors.

2.The controller of the company decreases warranty expense by $3 million because the company will otherwise miss analysts’ expectations this quarter.

3.The in-house attorney receives payments from the French government for negotiating the development of a new plant in Paris.

4.The accounts receivable clerk covers up the theft of cash receipts by writing off older receivables without authorization.

6. Who is most often involved in perpetrating fraudulent financial reporting?

1. The auditors and the attorneys.
2. The treasurer and the board of directors.
3. The chief executive and chief financial officers.d.
4. The shareholders and the chief operating officer.

7. Which of the following is not a reason that the auditor must gain an understanding of the client’s internal control system?

1. Better understand the client, its risks, and how it manages those risks.
2. Assess control risk and identify the types of financial statement misstatements that are most likely to occur.

1. Plan direct tests of account balances to determine if misstatements have occurred.
2. All are reasons why auditors must gain an understanding of the client’s internal control system.

8. Which one of the following is not a type of unqualified audit opinion issued by auditors?

1. Standard with three paragraphs.
2. Includes explanatory paragraph.
3. Includes modifications.
4. Does not include the opinion paragraph.

9. In which one of the following instances would an auditor most likely issue a standard unqualified opinion without explanatory language?

1. Management’s disclosures are missing or inadequate.
2. There is substantial doubt about the entity’s ability to continue as a going-concern.
3. There is a significant limitation on the scope of the engagement.
4. There is an immaterial deviation from GAAP related to capitalizing repairs.

10. Which of the following would not result in an unqualified audit report with an explanatory paragraph?

1. Going concern issue.
2. Scope limitation.
3. Emphasis of a matter.
4. Consistency of presentation.