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Chester is not very active and shows relatively low emotional responsiveness. When exposed to a new situation, Chester is initially fussy but eventually calms down. Chester is a(n) __________ child.

▸ active

▸ slow-to-warm-up

▸ difficult

▸ easy
Which of the following services is performed under the attestation standards?


WebTrustSysTrust
YesYes



WebTrustSysTrust
NoNo



WebTrustSysTrust
YesNo



WebTrustSysTrust
NoYes
After a check is cashed by a vendor and clear's the vendors and the client's bank, the check is now a cancelled check and is no longer a liability, but now is a document.

▸ true

▸ false
When positive confirmations are used, auditing standards require alternative procedures for confirmations not returned by the customer. Which of the following would not be considered an alternative procedure?

▸ Send a second confirmation request.

▸ Examine subsequent cash receipts to determine if the receivable has been paid.

▸ Examine shipping documents to verify that the merchandise was shipped.

▸ Examine sales invoice to verify the actual issuance of a sales invoice and the actual date of the billing.
Cutoff misstatements can occur for


SalesSales returns and allowances
YesYes



SalesSales returns and allowances
NoNo



SalesSales returns and allowances
YesNo



SalesSales returns and allowances
NoYes
The advantage of systematic sample selection is that

▸ it is easy to use.

▸ there is limited possibility of it being biased.

▸ it is unnecessary to determine if the population is arranged randomly.

▸ it automatically selects items material to the financial statements.
In a lockbox system, bank employees are responsible for opening cash receipts and maintaining records of all payments made by customers at the lockbox address.

▸ true

▸ false
Analytical procedures performed during substantive testing, such as those for the audit of inventories, are typically more focused and more extensive than those done as part of the audit planning.

▸ true

▸ false
Analytical procedures

▸ focus on the ending balances for income statement accounts.

▸ are only performed during the planning stage of the audit.

▸ are required to be performed when auditing an account balance.

▸ provide substantive evidence.
Describe three computer auditing techniques available to the auditor.
The trait that distinguishes auditors from accountants is the

▸ auditor's ability to interpret accounting principles generally accepted in the United States.

▸ auditor's education beyond the bachelor's degree.

▸ auditor's ability to interpret FASB Statements.

▸ auditor's expertise in the accumulation and the interpretation of audit evidence.
Which of the following is NOT one of the "three Bs of religiosity"?


belonging

belief

benevolence

behaviour
Canada was the first country in the world to legalize same-sex marriage.


▸ true

▸ false
Modernization theory has strong intellectual ties to conflict theory.


▸ true

▸ false
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