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1. While evaluating the integrity of management,


which would be considered to be the least
useful?
A. Inquiries of management
B. Communications with preceding auditor
C. Inquiries of other third parties
D. Evaluate previous experiences with client

A. Inquiries of management
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2. Outside specialists include all of the
following except:
A. Appraisers
B. Internal auditors
C. Actuaries
D. Attorneys

B. Internal auditors
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3. In order to understand the entity’s ______, we
must understand matters such as the
accounting principles, revenue recognition
practices, and financial statement presentation
and disclosure.
A. Business Operations
B. Investing Activities
C. Financing Activities
D. Financial Reporting

D. Financial Reporting
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4. ______ are the operational approaches by
which management intends to achieve its
objectives.
A. Entity’s objectives
B. Entity’s strategies
C. Business risks
D. Financing activities

B. Entity’s strategies
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1. In making preliminary judgments about materiality, the
auditor should assess materiality at ______ levels.
A. One
B. Two
C. Three
D. Four

B. Two
1.tingkat laporan keuangan: pendapat auditor
mengenai kewajaran laporan keuangan
2. tingkat saldo akun: menguji saldo dalam
memperoleh kesimpulan kesluruhan atas kewajaran
LK
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2. Any amount of misstatement that is less
than the level of materiality would be
referred to as:
A. Quantitative misstatement
B. Material misstatement
C. Tolerable misstatement
D. Probable misstatement

C. Tolerable misstatement
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3. Materiality and audit evidence are said to
have a(n) _______ relationship.
A. Inverse
B. Converse
C. Obtuse
D. Correlating

A. Inverse: hubungan timbal balik


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4. This technique, often referred to as a vertical
analysis, involves calculating the percentage of
a related total and then comparing to expected
amounts.
A. Ratio Analysis
B. Trend Analysis
C. Absolute Data Comparisons
D. Common-size Financial Statements

D. Common-size Financial Statements


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5. In developing an expectation range, an auditor should
use all of the following, except:
A. Comparable prior periods: memberikan pertimbangan
bagi perubahan yang diketahui
B. Formal budgets and forecasts: penggunaan anggran
yg disiapkan klien dan peramalan untuk periode
berjalan
C. Industry data: persentase ukuran umum, rasio dan
data tern perusahaan
D. All of the above should be used

D. All of the above should be used


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1. Audit risk is set according to:
A. AICPA guidelines
B. Audit firm policy
C. SEC regulations
D. GAAS

B. Audit firm policy : biasanya pertimbangan profesional


yg berkenaan dengan keyakinan yang memadai dan
keseluruhan tingkat resiko audit dirancang sebagai
suatu kebijakan kantor akuntan publik, resiko audit
akan dapat dibandingkan antara satu audit dengan
audit lainnya.
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2. Which of the following is not a component of the fraud triangle?
A. Adequate training
B. Opportunity: situasi yang terjadi menyebabkan muncul kesempatan
untuk melakukan kecurangan, seperti kemampuan manajemen untuk
mengesampingkan pengendalian, ketiadaan pengendalian, atau
pengendalian tidak efektif.
C. Rationalization: : Hal-hal diatas termasuk dalam pelaksanaan
kecurangan dapat dijadikan sebuah alasan yang masuk akal atas
perbuatan curang.
D. Incentives:manajemen atau karyawan lain mendapatkan insentif atau
dalam tekanan, di mana menjadi alas an untuk melakukan
kecurangan.

A. Adequate training
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3. All of the following are objectives of a brainstorming
session except:
A. Allow management to set the tone
B. Allow for junior members to benefit from senior
members
C. Allow for a fresh outlook on situation
D. Allow for identification of actual occurrences of
fraud

D. Allow for identification of actual occurrences of


fraud
Tujuan diadakan sesi brainstorming
antara lain:
• Memperkenankan anggota rekan muda dalam
audit team untuk mendapatkan manfaat dari
anggota rekan tua yang berupa pengetahuan
atas klien audit dan bagaimana kecurangan
dapat terjadi.
• Memberikan pandangan baru pada anggota
yang berpengalaman terhadap risiko yang
terjadi yang mungkin terlewat dari pengamatan.
• Menegaskan bahwa kecurangan akan selalu
ada dalam setiap audit.
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4. Which of the following is the correct audit
risk model?
A. AR = IR x CR x DR
B. IR = AR x CR x DR
C. CR = IR x AR x DR
D. DR = CR x IR x AR

A. AR = IR x CR x DR
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5. ______ is the risk that a material misstatement
could occur and will not be prevented or
detected by the entity’s internal controls.
A. Inherent Risk
B. Audit Risk
C. Control Risk
D. Detection Risk

C. Control Risk
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6. The components of preliminary audit strategies
include all of the following except:
A. Assessed level of inherent risk
B. Planned assessed level of control risk
C. Actual assessed level of control risk
D. Planned assessed level of analytical
procedures risk

C. Actual assessed level of control risk


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1. _____ is a process that assesses the
quality of internal control performance
over time.
A. Control activities
B. Risk assessment
C. Information and communication
D. Monitoring

D. Monitoring
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2. This limitation of an entity’s internal controls
occurs when two or more individuals act
together to perpetrate and conceal fraud.
A. Breakdowns: kemacetan dalam melaksanakan
pengendalian
B. Collusion
C. Management override: penolakan manajemen
D. Mistakes in judgment: kesalahan
pertimbangan

B. Collusion
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3. Which of the following does not influence the
control environment?
A. Management’s Philosophy
B. Adequate Training
C. Hiring Processes
D. All of the above influence the control environment

D. All of the above influence the control


environment
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4. This component of control activities ensures that
every transaction is authorized by management
acting within the scope of their authority.
A. Authorization Controls: pengendalian fisik
B. Segregation of Duties: pemisahan tugas
C. Information Processing Controls
D. All of the above

A. Authorization Controls
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5. This computer application control is designed to ensure that
the processing results are correct and only authorized
personnel receive the information.
A. Input Controls: mendeteksi dan melaporkan kekeliruan
dalam data untuk diproses
B. Processing Controls: menyediakan keyakinan yg memadai
bahwa pemrosesan komputer telah dilaksanakan seperti yg
diharapkan
C. Output Controls
D. Data Controls

C. Output Controls
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6. All of the following are procedures used to
obtain an understanding of internal controls
except:
A. Inspecting documents
B. Inquiries of client’s customers
C. Inquiries of management
D. All of the above procedures are used

B. Inquiries of client’s customers


Study Break
7. This form of documentation is a diagram that
uses symbols to identify the steps involved in
processing information through the accounting
system.
A. Questionnaire
B. Flowchart
C. Decision Table
D. Narrative Memoranda

B. Flowchart
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1. This step in assessing control risk allows the auditor to
consider the points at which errors or fraud could
occur.
A. Evaluate Evidence: mengevaluasi n membuat
penilaian
B. Perform Tests of Controls:pengujian pengendalian
C. Identify Potential Misstatements: salah saji potensial
D. Identify Necessary Controls: pengendalian yg
diperlukan

C. Identify Potential Misstatements


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2. This CAAT uses dummy transactions that are processed
under auditor control by the client’s computer system
and the output is evaluated against expectations.
A. Parallel Simulation: data aktual diproses ulang
B. Test Data: transaksi buatan disiapkan oleh auditor dan
diproses menurut pengendalian auditor
C. Integrated Test Facility: membutuhkan pembentukan
suatu subsistem yang kecil dalam sistem teknologi
informasi reguler
D. None of the above

B. Test Data
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3. While evaluating the operating effectiveness of a
control, the tests of controls are concerned with
all of the following except:
A. How the control was applied
B. The consistency with which it was applied
C. When it was applied
D. By whom it was applied

C. When it was applied


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4. Auditors are required to report a deficiency in
internal controls to management and the audit
committee when there is a(n):
A. Internal Control Deficiency
B. Significant Deficiency
C. Material Weakness
D. No Deficiencies

B. Significant Deficiency and C. Material


Weakness
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1. Which of the following is the correct
representation of detection risk?
A. DR = AP x CR
B. DR = AP x IR
C. DR = TD x AP
D. DR = TD x AR

C. DR = TD x AP
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2. Which of the following is not a step for
assessing the risk of a material misstatement?
A. Evaluate the magnitude of potential misstatement
B. Evaluate the likelihood of potential misstatement
C. Evaluate who identified the potential misstatement
D. Evaluate the type of potential misstatement

C. Evaluate who identified the potential


misstatement
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3. This type of test determines the fairness of
significant financial statement assertions.
A. Tests of Controls
B. Substantive Tests
C. Inherent Tests
D. None of the above

B. Substantive Tests
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4. This type of substantive test involves
comparing plausible relationships among both
financial and nonfinancial data.
A. Initial Procedures
B. Substantive Analytical Procedures
C. Tests of Details of Transactions:
penelusuran(tracing) n pemeriksaan(vouching)
D. Tests of Details of Balances: perolehan bukti secara
langsung tentang saldo akun

B. Substantive Analytical Procedures


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5. This choice in designing a substantive test
specifically identifies the size of a sample that
is needed to meet the acceptable level of
detection risk.
A. Nature: sifat
B. Timing
C. Extent: luas
D. Staffing: pemilihan staff

C. Extent
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1. The risk that the sample will not be
representative of the population is:
A. Inherent Risk
B. Audit Risk
C. Control Risk
D. Sampling Risk

D. Sampling Risk
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2. The risk that the sample supports the conclusion
that the recorded account balance is not
materially misstated when it is materially
misstated is:
A. Risk of assessing control risk too low
B. Risk of assessing control risk too high
C. Risk of incorrect acceptance
D. Risk of incorrect rejection

C. Risk of incorrect acceptance


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3. The _____ represents the way the auditor
identifies the performance of internal
controls of interest.
A. Population
B. Sampling Unit
C. Materiality
D. Sampling Risk

B. Sampling Unit
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4. The _____ is the maximum rate of
deviation from a control that an auditor is
willing to accept and still use the planned
control risk.
A. Tolerable deviation rate
B. Maximum deviation rate
C. Maximum error rate
D. Inherent risk

A. Tolerable deviation rate


Study Break
5. This type of test can be used to estimate
the total dollar amount of a population or
the total dollar amount of error in a
population.
A. Test of Controls
B. Attribute Tests
C. Audit Tests
D. Substantive Tests

D. Substantive Tests
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6. In PPS, an item snagged in the selection
of the sample is know as the ______.
A. Sampling Unit
B. Logical Sampling Unit
C. Population
D. Tolerable Misstatement

B. Logical Sampling Unit

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