Question: 1
In order to effectively elicit sensitive information from an employee during an audit engagement, an auditor should:
Question: 2
Which of the following files, when compared with billing records, would provide the best source of information for determining if all goods shipped are billed to customers?
Question: 3
Which of the following is the best problem-solving technique to use when analyzing performance and cost?
Question: 4
Company A has a formal comprehensive corporate code of ethics while company B does not.
Which of the following statements regarding the existence of the code of ethics in company A can be logically inferred?
1. Company A exhibits a higher standard of ethical behavior than does company B.
2. Company A has established objective criteria by which an employee's actions can be evaluated.
3. The absence of a formal corporate code of ethics in company B would prevent a successful audit of ethical behavior in that company.
Question: 5
An auditor plans to analyze customer satisfaction, including. (1) customer complaints recorded by the customer service department during the last three months; (2) merchandise returned in the last three months; and (3) responses to a survey of customers who made purchases in the last three months. Which of the following statements regarding this audit approach is correct?
