Question: 1
An internal auditor is examining a large population of data and suspects that some of the data may be fraudulent. Which of the following sampling techniques would be most appropriate for the internal auditor to use?
Question: 2
During an audit, an internal auditor notes that the following situations exist Unusual profitability compared to other companies in the same industry. Highly complex transactions close to the end of the period. Significant sales to entities whose substance and ownership are not known. Unusual growth in the number of days sales in receivables. These situations indicate what type of fraud?
Question: 3
By using an appropriate method of selecting sample items from the population, an auditor
Question: 4
Which of the following would be the appropriate analytical approach when comparing the number of employees working at a factory site with the direct cost of production each month over a period of one year?
Question: 5
Observation is most effective in addressing which of the following management assertions?