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Auditing Accounts Payable and Payroll
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Auditing Accounts Payable and Payroll

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Questions and Answers

What type of tests must the auditor perform in addition to tests of controls to achieve audit objectives?

  • Control tests
  • Procedural tests
  • Compliance tests
  • Substantive tests (correct)

    • What does the quality of internal controls impact in terms of substantive tests?

  • Frequency of testing
  • Independence of auditors
  • Nature of internal controls
  • Extent of substantive tests (correct)

    • Which tool is presumed to be used by the auditor for conducting audit tests in the discussion provided?

  • QuickBooks
  • Excel
  • SAP
  • ACL (correct)

    • What is crucial for the auditor to verify before conducting analysis on accounting files?

    <p>Working with the correct file version</p> Signup and view all the answers

    What knowledge does the auditor need about accounting files for analysis purposes?

    <p>Systems and controls that produced the data</p> Signup and view all the answers

    Which chapter dealt with common file structures and their audit implications?

    <p>Chapter 8</p> Signup and view all the answers

    What is a key requirement for the auditor when working with files?

    <p>Working with original files</p> Signup and view all the answers

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