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Section (4) dated 10 March 2018 - Auditing

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1. the most body concerning the results of compliance auditing is


A. management
B. outside users
C. regulatory organizations
D. none of the above
2. The auditor have knowledge about the following :
A. the client’s industry and its regulatory
B. operating environment.
C. Client’s business strategies and Process and critical success factors
D. all the above
3. The reasons raised the need for auditing include
A. Remoteness of information and unbiased of the providers of financial
information
B. Voluminous data and easy exchange transactions
C. Remoteness of information and Voluminous data
D. all of the above
4. The reasonable and common way to reduce information risk include:
A. user verifies information
B. user shares information risk with management
C. Audited financial statements are provided
D. all of the above
5. reducing information risk by ..... is impractical because of cost
A. user verifies information
B. user shares information risk with management
C. Audited financial statements are provided
D. none of the above
6. audited information is
A. reasonably complete
B. accurate, and unbiased
C. reliability
D. all of the above
7. The Requirement for being a CPA
A. educational requirement
B. uniform CPA examination
C. experience
D. all the above

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