Question 38 Which one of the following does the 'cut off objective of audit ensures? Tot yet swered arked out of Flag question It ensures the effectiveness of the design of the policies or procedures in the internal control structure It ensures the reasonableness of the revenue earned by the company It ensures whether the transactions included in the account are recorded in the proper period It ensures that all required financial statements and footnote disclosures are made Question 39 In which one of the following circumstance will the auditor give an unqualified opinion? Not yet answered Marked out of 1.00 P Rag question If the financial statements present misleading view If the financial statements present a true and fair view If the financial statements are not presented in appropriate format If the financial statements are not presented in accordance with approved accounting standards Curson 42 Note The type of substantive test that focuses on the reasonableness of relationships between the accounting data and also identifies unusual fluctuations for investigation is known as: Mart of og bor Analytical procedures Tests of controls Assessment procedures Tests of procedures Questo 43 Which one of the following standard includes the main responsibility for the prevention and detection of fraud in the financial answered statements? Marked out of 1.00 Flag question ISA 402 (Redrafted) ISA 250 (Redrafted) ISA 520 (Redrafted) ISA 240 (Redrafted)
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