1. To determine if all shipments were billed the auditor would:
Trace the shipping document to a valid sales invoice.
Trace the sales invoices to valid shipping documents.
Examine the receiving report.
Review the aged trial balance.
2. In regard to the compliance auditing which of the following is false?
The auditor may be engaged to apply agreed upon procedures on the organization's compliance with laws and regulations.
The auditor may be engaged to perform an examination of the organization's compliance with laws and regulations.
The auditor may be engaged to perform a review of the organization's compliance with laws and regulations.
The auditor may be engaged to perform an examination of the organization's internal controls over compliance with specific laws and regulations.
3. In performing and audit of financial statements in accordance with Government Auditing Standards, the auditors are required to provide a report on:
Compliance with International Audit Standards.
Financial assistance received.
Compliance with laws and regulations and internal control.
Computer systems used in administering federal assistance programs
4. In regard to the compliance auditing which of the following is false?
The auditor may be engaged to apply agreed upon procedures on the organization's compliance with laws and regulations.
The auditor may be engaged to perform an examination of the organization's compliance with laws and regulations.
The auditor may be engaged to perform a review of the organization's compliance with laws and regulations.
The auditor may be engaged to perform an examination of the organization's internal controls over compliance with specific laws and regulations.