Which of the following is not a section title ordinarily included in an international audit report?
a. Auditor's responsibility.
b. Board of directors overall responsibility.
c. Management's responsibility for the financial statements.
d. Opinion.
Answer: B
CPA Exam
- Under which of the following circumstances would an auditor be most likely to intensify an examination of a $500 imprest petty cash fund?
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- Which of the following items would most likely require an adjustment to the financial statements for the year ended December 31, year 1?
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- Which of the following management assertions is an auditor most likely testing if the audit objective states that all inventory on hand is reflected in the ending inventory balance?
- "In connection with an audit of our financial statements, management has prepared, and furnished to our auditors a description and evaluation of certain contingencies." The forgoing passage most likely is from a(n)
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