IIA IIA-CIA-Part2 Quiz 18 Topic 1 Questions 86-90

Question: 1

In a sampling application, the group of items about which the auditor wants to estimate some characteristic is called the.

APopulation.

BAttribute of interest.

CSample.

DSampling unit.

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Question: 2

An internal auditor would most likely use attributes sampling when testing which of the following?

AAccounts receivable balances.

BCorrect coding of accounts payable disbursement vouchers.

CYear-end inventory value.

DFixed asset book value.

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Question: 3

If an auditor used nonstatistical sampling instead of statistical sampling to estimate the value of inventory, which of the following would be true?

AThe confidence level could not be quantified.

BThe precision would be larger.

CThe projected value of inventory would be less reliable.

DThe risk of incorrect acceptance would be higher.

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Question: 4

Which of the following would provide the greatest assurance of the accuracy of a computer program's computation of freight charges for catalog sales?

AUse discovery sampling, selecting transactions from invoices which should have freight charges added to them.

BUse either test data or parallel simul-ation to test the computer application.

CUse difference estimation, selecting transactions from invoices which should have freight charges added to them.

DUse generalized audit software to select a monetary-unit sample of invoices that have been billed to customers.

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Question: 5

Access control software on an organization's mainframe computer records detailed information concerning both successful and unsuccessful log-on attempts to applications. Which of the following audit tools would be best suited to review the access information that has been recorded?

AGeneralized audit software.

BFlowcharting.

CIntegrated test facility.

DTest data.

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IIA IIA-CIA-Part2 Quiz:18 Topic:1 Questions:86-90