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f74b7193_Language_Flashcards___Cram_com__auditory_canal
measurement of the temperature of the tympanic membrane by detection of infrared radiation from the eardrum [auditory canal]
ear thermometry
[]
LOM Ch 17 Vocab (Ears) Foreign Language Flashcards - Cram.com
auditory canal
http://www.cram.com/flashcards/lom-ch-17-vocab-ears-276715
13/1438042989891.18_20150728002309-00021-ip-10-236-191-2_386221037_0.json
f74b7193_Language_Flashcards___Cram_com__auditory_canal
visual examination of the ear with an otoscope [auditory canal]
otoscopy
[]
LOM Ch 17 Vocab (Ears) Foreign Language Flashcards - Cram.com
auditory canal
http://www.cram.com/flashcards/lom-ch-17-vocab-ears-276715
13/1438042989891.18_20150728002309-00021-ip-10-236-191-2_386221037_0.json
f74b7193_Language_Flashcards___Cram_com__auditory_canal
test of and ear conduction using a vibration source(tuning fork) [auditory canal]
tuning fork test
[]
LOM Ch 17 Vocab (Ears) Foreign Language Flashcards - Cram.com
auditory canal
http://www.cram.com/flashcards/lom-ch-17-vocab-ears-276715
13/1438042989891.18_20150728002309-00021-ip-10-236-191-2_386221037_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
Which of the following is not one of the three primary objectives of effective internal control? [Management.]
Each of the above is a primary objective of effective internal control.
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
The PCAOB states that reasonable assurance allows for [Management.]
a remote likelihood that material misstatements will not be prevented or detected by internal control.
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
Internal controls can never be considered as absolutely effective because [Management.]
their effectiveness is limited by the competency and dependability of employees.
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
A major control available in a small company, which might not be feasible in a large company, is [Management.]
the owner-manager’s personal interest and close relationship with personnel.
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
An act of two or more employees to steal assets or misstate records is frequently referred to as [Management.]
collusion.
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
When the auditor attempts to understand the operation of the accounting system by tracing a few transactions through the accounting system, this is referred to as [Management.]
a walk-through.
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
Which section of the Sarbanes-Oxley Act requires management to issue an internal control report? [Management.]
404
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
Sarbanes-Oxley requires management to issue an internal control report that includes two specific items. Which of the following is one of these two requirements? [Management.]
A statement that management is responsible for establishing and maintaining an adequate internal control structure and procedures for financial reporting.
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
When management is evaluating the design of internal control, management evaluates whether the control can do all but which of the following? [Management.]
Correct material misstatements.
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
Internal control reports issued by public companies must identify the framework used to evaluate the effectiveness of internal control. Which of the following is the most common framework in the U.S.? [Management.]
Internal Control - Integrated Framework – COSO
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
Auditor’s tests of operating effectiveness of internal controls might include which of the following types of procedures? [Management.]
All of the above
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
With which one of management’s concerns with respect to implementing internal controls is the auditor primarily concerned? [Management.]
Reliability of financial reporting.
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
Which of the following activities would be least likely to strengthen a company’s internal control? [Management.]
Maintaining insurance for fire and theft.
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
Management must disclose material weaknesses in internal control [Management.]
even if just one weakness is found.
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
When auditing a nonpublic company, the auditor should obtain an understanding of internal control sufficient [Management.]
to assess control risk.
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
Which of the following audit tests would be regarded as a test of a control? [Management.]
Tests of the signatures on canceled checks to management’s authorizations.
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
During which part of an audit examination is the preparation of flowcharts most appropriate? [Management.]
When reviewing the system of internal control.
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
The ______ consists of the actions, policies, and procedures that reflect the overall attitudes of top management. [Management.]
control environment.
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
An auditor’s primary emphasis is internal controls over [Management.]
classes of transactions
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
The auditor’s study of a nonpublic client’s internal control is [Management.]
required by GAAS.
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
Internal controls can never be regarded as completely effective. Even if company personnel could design an ideal system, its effectiveness depends on the [Management.]
competency and dependability of the people using it.
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
Even with the most effectively designed internal control, the auditor must obtain audit evidence, beyond testing the controls, for every [Management.]
material financial statement account.
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
To express an opinion on internal controls, an auditor obtains an understanding of and performs tests of controls related to all but which of the following? [Management.]
Account balances.
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
The essence of an effectively controlled organization lies in the [Management.]
attitude of its management.
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
To issue a report on internal control over financial reporting for a public company, an auditor must [Management.]
evaluate management’s assessment process and independently assess the design and operating effectiveness of internal control.
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
Which of the stock exchanges require listed companies to have an audit committee composed entirely of independent directors? [Management.]
AMEX, NASDAQ, and NYSE
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
Which of the following factors may increase risks to an organization? [Management.]
All of the above.
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
Which of the following statements is correct with respect to separation of duties? [Management.]
It is desirable to prevent employees who authorize transactions from having custody of related assets.
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
Authorizations can be either general or specific. Which of the following is not an example of a general authorization? [Management.]
A sales manager’s authorization for a sales return.
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
The most important type of protective measure for safeguarding assets and records is [Management.]
the use of physical precautions.
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
Which of the following statements is correct with respect to the design and use of business documents? [Management.]
None of the above statements is correct.
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
The SEC prohibits U.S. stock exchanges from listing securities if a company’s audit committee is [Management.]
All of the above are correct.
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
All of the following are substantive tests except [Management.]
tests of controls.
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
Most audits of a company are done annually by the same CPA firm. Except for initial engagements, the auditor begins the audit with a great deal of information about the internal controls developed in prior years. Because systems and controls usually do not change often, [Management.]
this information can be updated and carried forward to the current year’s audit.
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
Narratives, flowcharts, and internal control questionnaires are three common methods of [Management.]
documenting the auditor’s understanding of internal controls.
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
Which of the following is not an element of a proper narrative of an accounting system and related controls? [Management.]
There should be an indication of all controls affecting the applicable process.
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
Which of the following statements about the internal control questionnaire is not correct? [Management.]
A questionnaire is usually applicable to a wide variety of companies, especially smaller ones.
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
Specific assessments must be made to arrive at the preliminary assessment of control risk. Which of the following is not one of these assessments? [Management.]
Is management committed to internal control?
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
Which of the following is not one of the levels of an absence of internal controls? [Management.]
Internal control weakness.
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
Which of the following is the correct definition of “control deficiency?” [Management.]
A control deficiency exists if the design or operation of controls does not permit company personnel to prevent or detect misstatements on a timely basis.
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
The purpose of an entity’s accounting information and communication system is to ______. [Management.]
initiate transactions and record and process transactions (a and b only).
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
A procedure that would most likely be used by an auditor in performing tests of control procedures that involve segregation of functions and that leave no transaction trail is [Management.]
observation.
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
Internal controls normally include procedures designed to provide reasonable assurance that [Management.]
transactions are executed in accordance with management’s general or specific authorization.
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
Which of the following is not a common step used to identify internal control deficiencies? [Management.]
Each of the above is a common step used to identify internal control deficiencies.
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
Which of the following is not a component of an entity’s internal control? [Management.]
Control risk.
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
Before making the final assessment of internal control at the end of an integrated audit, the auditor must [Management.]
test controls and perform substantive tests of details (a and b).
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
Significant deficiencies and material weaknesses in internal control of a public company must be reported to which of the following? [Management.]
Audit committee of the company’s board of director.
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
Of the following statements about internal controls, which one is not valid? [Management.]
Control procedures reasonably ensure that collusion among employees cannot occur.
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
Which of the following best describes the inherent limitations that should be recognized by an auditor when considering the potential effectiveness of internal control? [Management.]
Procedures whose effectiveness depends on segregation of duties can be circumvented by collusion.
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
Which of the following is not one of the subcomponents of the control environment? [Management.]
Adequate separation of duties.
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
It is important for the CPA to consider the competence of the audit clients’ employees because their competence bears directly and importantly upon the [Management.]
achievement of the objectives of internal control.
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
Effective internal control in a small company that has an insufficient number of employees to permit proper division of responsibilities can best be enhanced by [Management.]
direct participation by the owner of the business in the record-keeping activities of the business.
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
Evidential matter concerning proper segregation of duties ordinarily is best obtained by [Management.]
direct personal observation of the employee who applies control procedures.
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
Proper segregation of functional responsibilities calls for separation of the functions of [Management.]
authorization, recording, and custody.
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
When considering the objectivity of internal auditors, an independent auditor should [Management.]
determine the organizational level to which the internal auditors report.
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
Internal controls are not designed to provide reasonable assurance that [Management.]
all frauds will be eliminated.
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
Which of the following statements regarding auditor documentation of the client’s internal controls is correct? [Management.]
No one particular form of documentation is necessary.
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
Significant deficiencies are matters that come to an auditor’s attention, which should be communicated to an entity’s audit committee because they represent [Management.]
internal control deficiencies that could adversely affect a company’s ability to initiate, record, process, or report external financial statements reliably.
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
Which of the following statements, if any, is correct? [Management.]
The NASDAQ market requires listed companies to have audit committees that have only independent directors.
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
Which of the following is not typically one of management’s concerns in designing effective internal controls? [Management.]
Obtaining the best internal control possible.
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
The Sarbanes-Oxley Act requires [Management.]
all public companies to issue an internal control report.
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
When considering internal control, an auditor should be aware of the concept of reasonable assurance, which recognizes that the [Management.]
costs of internal control should not exceed the benefits expected to be derived from internal control.
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
To comply with the second standard of fieldwork, the auditor need not be concerned with all five areas of internal control that apply to management. The auditor’s primary concerns are with the internal control’s ability to [Management.]
ensure reliability of financial reporting for external purposes.
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
The financial statements are not likely to correctly reflect generally accepted accounting principles if [Management.]
the controls affecting the reliability of financial reporting are inadequate.
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
The primary emphasis by auditors is on controls over [Management.]
classes of transactions.
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
The most important difference in a nonpublic company in assessing control risk is the ability to assess control risk at _______ for any or all control-related objectives. [Management.]
high
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
Having an audit committee composed of outside directors is a requirement of [Management.]
all companies that are listed on the NYSE, AMEX, and NASDAQ.
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
An auditor should consider two key issues when obtaining an understanding of a client’s internal controls. These issues are [Management.]
the design and utilization of the controls.
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
The independent auditor should acquire an understanding of the internal audit function as it relates to the independent auditor’s study and evaluation of internal accounting control because [Management.]
the work performed by internal auditors may be a factor in determining the nature, timing, and extent of the independent auditor’s procedures.
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
Taylor Sales Corp. maintains a large full-time internal audit staff that reports directly to the chief accountant. Audit reports prepared by the internal auditors indicate that the system is functioning as it should and that the accounting records are reliable. The independent auditor will probably [Management.]
place limited reliance on the work performed by the internal audit staff.
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
When planning an audit, the auditor’s assessed level of control risk is [Management.]
an economic issue, trading off the costs of testing controls against the cost of testing balances.
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
When a compensating control exists, the absence of a key control [Management.]
is no longer a concern because there is no longer a significant deficiency or material weakness.
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
An internal control narrative indicates that an approved voucher is required to support every check request for payment of merchandise. Which of the following procedures provides the greatest assurance that this control is operating effectively? [Management.]
Select and examine canceled checks and ascertain that the related vouchers are dated no later than the checks.
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
bf8e36d7__Final_3_Flashcards___Cram_com__Management_
When obtaining an understanding of an entity’s control environment, an auditor should concentrate on the substance of management’s policies and procedures rather than their form because [Management.]
management may establish appropriate policies and procedures but not act on them.
[]
Auditing Final 3 Flashcards - Cram.com
Management.
http://www.cram.com/flashcards/auditing-final-3-471415
13/1438042992543.60_20150728002312-00235-ip-10-236-191-2_379421848_0.json
1ced2d2a_Language_Flashcards___Cram_com__Somatoform_Disorder
Disorder in which individuals feel detached from themselves or their surrounding and feel reality, experience, and identity may disintegrate [Somatoform Disorder]
Dissociative Disorder
[]
Abnormal Psych: Ch 5 Foreign Language Flashcards - Cram.com
Somatoform Disorder
http://www.cram.com/flashcards/abnormal-psych-ch-5-3152125
13/1438042992543.60_20150728002312-00342-ip-10-236-191-2_387445718_0.json
1ced2d2a_Language_Flashcards___Cram_com__Somatoform_Disorder
Somatoform disorder involving severe anxiety over belief in having a disease process without any evident physical cause [Somatoform Disorder]
Hypochondriasis
[]
Abnormal Psych: Ch 5 Foreign Language Flashcards - Cram.com
Somatoform Disorder
http://www.cram.com/flashcards/abnormal-psych-ch-5-3152125
13/1438042992543.60_20150728002312-00342-ip-10-236-191-2_387445718_0.json
1ced2d2a_Language_Flashcards___Cram_com__Somatoform_Disorder
Somatoform disorder involving extreme and long-lasting focus on multiple physical symptoms for which no medical cause is evident [Somatoform Disorder]
Somatization Disorder
[]
Abnormal Psych: Ch 5 Foreign Language Flashcards - Cram.com
Somatoform Disorder
http://www.cram.com/flashcards/abnormal-psych-ch-5-3152125
13/1438042992543.60_20150728002312-00342-ip-10-236-191-2_387445718_0.json
1ced2d2a_Language_Flashcards___Cram_com__Somatoform_Disorder
Physical malfunctioning, such as blindness or paralysis, suggesting neurological impairment but with no organic pathology to account for it [Somatoform Disorder]
Conversion Disorder
[]
Abnormal Psych: Ch 5 Foreign Language Flashcards - Cram.com
Somatoform Disorder
http://www.cram.com/flashcards/abnormal-psych-ch-5-3152125
13/1438042992543.60_20150728002312-00342-ip-10-236-191-2_387445718_0.json
1ced2d2a_Language_Flashcards___Cram_com__Somatoform_Disorder
Deliberate faking of a physical or psychological disorder motivated by gain. [Somatoform Disorder]
Malingering
[]
Abnormal Psych: Ch 5 Foreign Language Flashcards - Cram.com
Somatoform Disorder
http://www.cram.com/flashcards/abnormal-psych-ch-5-3152125
13/1438042992543.60_20150728002312-00342-ip-10-236-191-2_387445718_0.json
1ced2d2a_Language_Flashcards___Cram_com__Somatoform_Disorder
Nonexistent physical or psychological disorder deliberately faked for no apparent gain except, possibly sympathy and attention [Somatoform Disorder]
Factitious Disorder
[]
Abnormal Psych: Ch 5 Foreign Language Flashcards - Cram.com
Somatoform Disorder
http://www.cram.com/flashcards/abnormal-psych-ch-5-3152125
13/1438042992543.60_20150728002312-00342-ip-10-236-191-2_387445718_0.json
1ced2d2a_Language_Flashcards___Cram_com__Somatoform_Disorder
Somatoform disorder featuring true pain but for which psychological factors play an important role in onset, severity, or maintenance [Somatoform Disorder]
Pain Disorder
[]
Abnormal Psych: Ch 5 Foreign Language Flashcards - Cram.com
Somatoform Disorder
http://www.cram.com/flashcards/abnormal-psych-ch-5-3152125
13/1438042992543.60_20150728002312-00342-ip-10-236-191-2_387445718_0.json
1ced2d2a_Language_Flashcards___Cram_com__Somatoform_Disorder
Somatoform disorder featuring a disruptive preoccupation with some imagined defect in appearance [Somatoform Disorder]
Body Dysmorphic Disorder
[]
Abnormal Psych: Ch 5 Foreign Language Flashcards - Cram.com
Somatoform Disorder
http://www.cram.com/flashcards/abnormal-psych-ch-5-3152125
13/1438042992543.60_20150728002312-00342-ip-10-236-191-2_387445718_0.json
1ced2d2a_Language_Flashcards___Cram_com__Somatoform_Disorder
Altering of perception that causes people to temporarily lose a sense of their own reality; most prevalent in people with the dissociative disorders. There is often a feeling of being outside observers of their own behavior [Somatoform Disorder]
Depersonalization
[]
Abnormal Psych: Ch 5 Foreign Language Flashcards - Cram.com
Somatoform Disorder
http://www.cram.com/flashcards/abnormal-psych-ch-5-3152125
13/1438042992543.60_20150728002312-00342-ip-10-236-191-2_387445718_0.json
1ced2d2a_Language_Flashcards___Cram_com__Somatoform_Disorder
Situation in which the individual loses a sense of the reality of the external world [Somatoform Disorder]
Derealization
[]
Abnormal Psych: Ch 5 Foreign Language Flashcards - Cram.com
Somatoform Disorder
http://www.cram.com/flashcards/abnormal-psych-ch-5-3152125
13/1438042992543.60_20150728002312-00342-ip-10-236-191-2_387445718_0.json
1ced2d2a_Language_Flashcards___Cram_com__Somatoform_Disorder
Dissociative disorder in which feelings of depersonaliation are so severe they dominate the individual's life and prevent normal functioning. [Somatoform Disorder]
Depersonalization Disorder
[]
Abnormal Psych: Ch 5 Foreign Language Flashcards - Cram.com
Somatoform Disorder
http://www.cram.com/flashcards/abnormal-psych-ch-5-3152125
13/1438042992543.60_20150728002312-00342-ip-10-236-191-2_387445718_0.json
1ced2d2a_Language_Flashcards___Cram_com__Somatoform_Disorder
Dissociative disorder featuring the inability to recall personal information; usually of a stressful or traumatic nature. [Somatoform Disorder]
Dissociative Amnesia
[]
Abnormal Psych: Ch 5 Foreign Language Flashcards - Cram.com
Somatoform Disorder
http://www.cram.com/flashcards/abnormal-psych-ch-5-3152125
13/1438042992543.60_20150728002312-00342-ip-10-236-191-2_387445718_0.json
1ced2d2a_Language_Flashcards___Cram_com__Somatoform_Disorder
Loss of memory of all personal information, including identity. [Somatoform Disorder]
Generalized Amnesia
[]
Abnormal Psych: Ch 5 Foreign Language Flashcards - Cram.com
Somatoform Disorder
http://www.cram.com/flashcards/abnormal-psych-ch-5-3152125
13/1438042992543.60_20150728002312-00342-ip-10-236-191-2_387445718_0.json
1ced2d2a_Language_Flashcards___Cram_com__Somatoform_Disorder
Memory loss limited to specific times and events, particularly traumatic events. Also known as selective amnesia. [Somatoform Disorder]
Localized Amnesia
[]
Abnormal Psych: Ch 5 Foreign Language Flashcards - Cram.com
Somatoform Disorder
http://www.cram.com/flashcards/abnormal-psych-ch-5-3152125
13/1438042992543.60_20150728002312-00342-ip-10-236-191-2_387445718_0.json
1ced2d2a_Language_Flashcards___Cram_com__Somatoform_Disorder
Dissociative disorder featuring sudden, unexpected travel away from home, along with an inability to recall the past, sometimes with assumption of a new identity. [Somatoform Disorder]
Dissociative Fuge
[]
Abnormal Psych: Ch 5 Foreign Language Flashcards - Cram.com
Somatoform Disorder
http://www.cram.com/flashcards/abnormal-psych-ch-5-3152125
13/1438042992543.60_20150728002312-00342-ip-10-236-191-2_387445718_0.json
1ced2d2a_Language_Flashcards___Cram_com__Somatoform_Disorder
Altered state of consciousness in which people firmly believe they are possessed by spirits; considered a disorder only where there is distress and dysfunction. [Somatoform Disorder]
Dissociative Trance Disorder
[]
Abnormal Psych: Ch 5 Foreign Language Flashcards - Cram.com
Somatoform Disorder
http://www.cram.com/flashcards/abnormal-psych-ch-5-3152125
13/1438042992543.60_20150728002312-00342-ip-10-236-191-2_387445718_0.json
1ced2d2a_Language_Flashcards___Cram_com__Somatoform_Disorder
Disorder in which as many as 100 personalities or fragments of personalities coexist within one body and mind. Formerly known as multiple personality disorder. [Somatoform Disorder]
Dissociative Identity Disorder (DID)
[]
Abnormal Psych: Ch 5 Foreign Language Flashcards - Cram.com
Somatoform Disorder
http://www.cram.com/flashcards/abnormal-psych-ch-5-3152125
13/1438042992543.60_20150728002312-00342-ip-10-236-191-2_387445718_0.json
1ced2d2a_Language_Flashcards___Cram_com__Somatoform_Disorder
Shorthand term for alter ego, one of the different personalities or identities in dissociative identity disorder [Somatoform Disorder]
Alter
[]
Abnormal Psych: Ch 5 Foreign Language Flashcards - Cram.com
Somatoform Disorder
http://www.cram.com/flashcards/abnormal-psych-ch-5-3152125
13/1438042992543.60_20150728002312-00342-ip-10-236-191-2_387445718_0.json
bb50cc61_apter_20_Flashcards___Cram_com__mbrane_called_Bowsman_capsule_
[GLOMERULI] Ductus deferens
A duct that continues from the epididymis serves to transport sperm to the prostatic urethra by peristalic action.
[]
Genitourinary Surgery Chapter 20 Flashcards - Cram.com
A cluster of capillaries surrounded by a cup shaped membrane called Bowsman capsule.
http://www.cram.com/flashcards/genitourinary-surgery-chapter-20-1946269
13/1438042992543.60_20150728002312-00081-ip-10-236-191-2_401400632_0.json
bb50cc61_apter_20_Flashcards___Cram_com__mbrane_called_Bowsman_capsule_
[GLOMERULI] Ejaculory ducts
Are contained within the prostate gland. They move downward forward openingn into the prostate uretha at either side of the prostate ureter.
[]
Genitourinary Surgery Chapter 20 Flashcards - Cram.com
A cluster of capillaries surrounded by a cup shaped membrane called Bowsman capsule.
http://www.cram.com/flashcards/genitourinary-surgery-chapter-20-1946269
13/1438042992543.60_20150728002312-00081-ip-10-236-191-2_401400632_0.json
bb50cc61_apter_20_Flashcards___Cram_com__mbrane_called_Bowsman_capsule_
[GLOMERULI] Seminal vesicles
Lye on the fondas of the bladder enclosed by endopelvic. Fascia ducts deferens runs along medial surface seminal narrow at the prostatic end and unite with the ductus deferences.
[]
Genitourinary Surgery Chapter 20 Flashcards - Cram.com
A cluster of capillaries surrounded by a cup shaped membrane called Bowsman capsule.
http://www.cram.com/flashcards/genitourinary-surgery-chapter-20-1946269
13/1438042992543.60_20150728002312-00081-ip-10-236-191-2_401400632_0.json
bb50cc61_apter_20_Flashcards___Cram_com__mbrane_called_Bowsman_capsule_
[GLOMERULI] Prostate Gland
Surrouonds the nek of the bladder and the proximal part of the urethra and produces a fluid that becomes part of the semen.
[]
Genitourinary Surgery Chapter 20 Flashcards - Cram.com
A cluster of capillaries surrounded by a cup shaped membrane called Bowsman capsule.
http://www.cram.com/flashcards/genitourinary-surgery-chapter-20-1946269
13/1438042992543.60_20150728002312-00081-ip-10-236-191-2_401400632_0.json
bb50cc61_apter_20_Flashcards___Cram_com__mbrane_called_Bowsman_capsule_
[GLOMERULI] Pathology affecting the Adrenal Glands
Tumor that causes Cushing syndrome or Pheochromocytma
[]
Genitourinary Surgery Chapter 20 Flashcards - Cram.com
A cluster of capillaries surrounded by a cup shaped membrane called Bowsman capsule.
http://www.cram.com/flashcards/genitourinary-surgery-chapter-20-1946269
13/1438042992543.60_20150728002312-00081-ip-10-236-191-2_401400632_0.json