When an auditor believes that analytical procedures indicate a reasonable possibility of misstatement, the auditor usually would
A)
Perform additional tests of controls Decide to modify tests of details of balances
Yes Yes
B)
Perform additional tests of controls Decide to modify tests of details of balances
No No
C)
Perform additional tests of controls Decide to modify tests of details of balances
Yes No
D)
Perform additional tests of controls Decide to modify tests of details of balances
No Yes
D
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Mr. K employs X, Y, and Z to prepare income tax returns for taxpayers. X and Y collect the information from taxpayers and apply the tax laws. The return forms are completed by a computer service. One day, when certain returns prepared by X and Y were ready for their signatures, X was out of town for 2 weeks and Y was out of the office for the day. Which one of the following statements is true?
A. Z may sign the returns prepared by X and Y if Z reviews the information obtained by X and Y from the taxpayers and reviews the preparation of the returns. B. Z may sign the returns prepared by X if Z reviews the information obtained by X from the taxpayers and reviews the preparation of the returns. C. Z may sign the returns prepared by Y if he reviews the information obtained by Y from the taxpayers and reviews the preparation of the returns. D. X and Y must sign the returns that each one prepared.
Individual behavior that is in basic conflict with the goals of the organization is called dysfunctional behavior
Indicate whether the statement is true or false