1. The prerequisites for the emergence of audit in the 3rd century BC were:
a) the emergence of the first states;
b) the emergence of religions and religious movements;
c) the development and deepening of knowledge on
crop and livestock farming.
2. The main reason for the emergence of audit is:
a) the need for independent control
of the work of tax collectors;
b) the desire to appropriate the surpluses identified during the audit;
c) the need to issue an audit report based on the results of the audit.
3. The main function of the "ancient" auditors was:
a) organizing agricultural work and harvesting;
b) planning the territory of crops and irrigation;
c) monitoring the work of tax collectors and overseers.
4. The duties of auditors in the Ancient World were performed by:
a) a group of high priests;
b) a special independent group;
c) supervisors.
5. The word "auditor" is translated from Latin as
"listener", "he hears". This term was introduced into use in the Middle Ages because:
a) in the Middle Ages, an auditor checked reports "by ear", since he usually could not read or write;
b) this was the name of the most famous auditor of the Middle Ages;
c) people with poor eyesight were often hired for this position.
...............................................................
149. While auditing the financial statements in March 2010, the auditors found out that in the period from January 1 to March 31 (the day the auditor´s report was signed), the following transactions were performed at the enterprise:
— one of the enterprise´s office buildings was sold for 1,810,000 rubles;
— additional preferred shares were issued at the beginning of the reporting year;
— 5 people were hired with an average salary of 10,000 rubles;
— purchased machines with a total value
of 31,600 rubles;
— sold a batch of goods manufactured in the previous reporting year for 46,000 rubles;
— repaid a loan of 15,000 rubles.
Are these transactions subject to audit?
a) yes, all transactions are subject to mandatory audit;
b) yes, the auditor may check these transactions if desired, despite the fact that they will not affect the reporting for the past reporting period;
c) only significant events are subject to audit - the issue of shares and the sale of the building;
d) no, the auditor is not required to check events after the reporting date.
150. When checking the procedure for drawing up primary documents of Melisa LLC, the auditor discovered a number of cash disbursement orders in which the table cells were left unfilled, namely, the corresponding account and the amount were not indicated. Can such a violation affect the type of the auditor´s report?
a) yes, if as a result of the audit the total number of violations exceeds the materiality level set by the auditors, regardless of whether the accountant corrects this error;
b) yes, any violation, even corrected before the end of the audit, affects the type of the issued auditor´s report;
c) no, because violations in the execution of primary documents do not affect the reliability of the accounting (financial) statements;
d) no, if the accountant enters the missing data in these cash disbursement orders immediately after the auditor identifies the violation.
No feedback yet