Auditor
Audit evidence and sampling questions
118 questions on Audit evidence and sampling for auditors, easiest first.
Easy 31
- Evidence that receivables existeasy
- What vouching meanseasy
- Re-doing the depreciation mathseasy
- What analytical procedures areeasy
- Written representationseasy
- Test of controls or substantive testeasy
- Most reliable evidenceeasy
- Positive vs negative confirmationseasy
- Why the auditor attends the counteasy
- What the cut-off assertion meanseasy
- Evidence that the company owns a buildingeasy
- Sufficient versus appropriate evidenceeasy
- Asking staff whether a control workseasy
- An example of non-sampling riskeasy
- Choosing the sampling uniteasy
- Picking every 50th invoiceeasy
- Sample deviation rateeasy
- Who sends the confirmation requestseasy
- Working out receivable dayseasy
- Analytical review at the end of the auditeasy
- How to count petty casheasy
- Testing that machines in the register existeasy
- An invoice dated before dispatcheasy
- Checking cheques not yet clearedeasy
- Goods received but invoice booked lateeasy
- Checking prepaid insuranceeasy
- A fixed deposit pledged to a bankeasy
- Evidence needed for higher riskeasy
- How much detail working papers needeasy
- Evidence that contradicts managementeasy
- What seeing a vehicle proveseasy
Medium 57
- Direction of testing for completenessmedium
- Finding unrecorded liabilitiesmedium
- Sampling interval in MUSmedium
- Tolerable misstatement in samplingmedium
- Using stratificationmedium
- What makes sampling statisticalmedium
- What increases sample sizemedium
- No reply to a positive confirmationmedium
- Bank confirmation processmedium
- Gross margin jumps unexpectedlymedium
- Payroll analytical proceduremedium
- Management will not sign the representation lettermedium
- Proof in total for depreciationmedium
- Too many control deviationsmedium
- Relying on scanned supplier invoicesmedium
- Using a system-generated ageing reportmedium
- Reperformance compared with recalculationmedium
- One test serving two purposesmedium
- Receivables confirmed at an interim datemedium
- Testing all March invoices as the samplemedium
- Testing large balances in fullmedium
- Where monetary unit sampling is weakmedium
- Projecting with ratio estimationmedium
- Projecting with difference estimationmedium
- Estimating value with mean-per-unitmedium
- A selected voucher cannot be foundmedium
- Customer confirms a lower balancemedium
- Using an online confirmation platformmedium
- A customer confirms by phonemedium
- Selecting suppliers for confirmationmedium
- Direction of test counts at the stock takemedium
- Stock held in a third-party warehousemedium
- Stock counted two weeks before year endmedium
- Sending a letter to the company’s lawyermedium
- Expected room revenue for a hotelmedium
- Inventory turnover falls sharplymedium
- Analytics built on weak datamedium
- Picking journal entries to testmedium
- Testing all transactions with data analyticsmedium
- Testing that all machines are recordedmedium
- Looking for ghost employeesmedium
- Repairs booked as fixed assetsmedium
- Books show less turnover than GSTR-1medium
- Using e-invoice and e-way bill datamedium
- Recomputing an expected credit loss provisionmedium
- Working out an NRV write-downmedium
- Restating a payable in dirhamsmedium
- Relying on the company’s actuarymedium
- Evidence for shares held in demat formmedium
- A burst of credit notes in Aprilmedium
- Observing a stock count by videomedium
- Duplicates that slip pastmedium
- A cashier with many voidsmedium
- Claims just under the limitmedium
- Two employees, one bank accountmedium
- Analytics on invoice traitsmedium
- Invoices older than their POmedium
Hard 30
- Projecting a misstatement in MUShard
- Sample size in monetary unit samplinghard
- Error in an item above the intervalhard
- Projected misstatement above tolerablehard
- The more dangerous sampling riskhard
- Benford’s law in audit analyticshard
- Input tax credit above GSTR-2Bhard
- Responding to a significant riskhard
- Interest expense reasonableness testhard
- Using last year’s control testinghard
- Credit balances in a receivables MUS runhard
- Calling a sample error a one-offhard
- Management will not let you confirm a customerhard
- When negative confirmations can stand alonehard
- Management will not allow a legal letterhard
- Evidence on segment reportinghard
- Making a substantive analytic precise enoughhard
- Not retesting an unchanged automated controlhard
- Developers can change live codehard
- Deposits in transit that clear weeks laterhard
- Which service organisation report to ask forhard
- Controls the client must run itselfhard
- A document that may have been alteredhard
- Ways to test an accounting estimatehard
- Reliability of GST portal downloadshard
- Two sources give different answershard
- Projected error below tolerable but closehard
- Finding a shell vendorhard
- Too many fraud alertshard
- An approver who clicks too fasthard