Auditing and Fraud
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Which of the following is not an audit type?
(wrong answers:
Financial,
Operational,
Compliance,
External)
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Which of the following is not an audit assertion?
(wrong answers:
Existence,
Completeness,
Cut-off,
Re-computation,
Classification)
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Which of the following is not a component of the audit risk model?
Corrective Risk
(wrong answers:
Inherent Risk,
Corrective Risk,
Detection Risk)
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Which of the following is an audit risk?
(wrong answers:
Unqualified opinion on materially misstated financial statements,
Loss of customers,
Cash flow problems,
Litigations and claims,
unqualified opinion on materially misstated financial statements,
Loss of customers)