4/17/22, 3:14 PM Assessment 3
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Dashboard / My courses / AUI3702-22-S1 / Welcome Message / Assessment 3
Question 1
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answered The approved and signed minutes of a management meeting by the chairperson is an example of documentary evidence.
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1.00
Select one:
True
False
Question 2
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answered Obtaining a bank statement directly from the client’s bank to verify banking charges is an example of very reliable audit evidence.
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1.00
Select one:
True
False
https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=1960602&cmid=247838 1/10
, 4/17/22, 3:14 PM Assessment 3
Question 3
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answered To ensure that all transactions and events have been recorded is the core definition of the audit engagement objective of completeness.
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Dashboard / My coursesTrue
/ AUI3702-22-S1 / Welcome Message / Assessment 3
False
Question 4
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answered Observing workers’ timecards for signatures of approval and review by the supervisor is an adequate audit engagement procedure for the human resources and payroll cycle.
Marked out of
1.00
Select one:
True
False
Question 5
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answered Dirty Jobs Limited is a plumbing company that manufactures and sells plumbing supplies. After a discussion with the senior manager in the procurement department, you identified
the following high risk: Purchases may be accounted for in the current period, while the goods are in fact only received in the following period. The corresponding audit engagement
Marked out of
1.00 objective would be: To determine that the purchases which are accounted for in the current period are related to goods received in the current period.
Select one:
True
False
https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=1960602&cmid=247838 2/10
Dashboard Calendar
Dashboard / My courses / AUI3702-22-S1 / Welcome Message / Assessment 3
Question 1
Not yet
answered The approved and signed minutes of a management meeting by the chairperson is an example of documentary evidence.
Marked out of
1.00
Select one:
True
False
Question 2
Not yet
answered Obtaining a bank statement directly from the client’s bank to verify banking charges is an example of very reliable audit evidence.
Marked out of
1.00
Select one:
True
False
https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=1960602&cmid=247838 1/10
, 4/17/22, 3:14 PM Assessment 3
Question 3
Not yet
answered To ensure that all transactions and events have been recorded is the core definition of the audit engagement objective of completeness.
Marked out of
1.00 Dashboard Calendar
Select one:
Dashboard / My coursesTrue
/ AUI3702-22-S1 / Welcome Message / Assessment 3
False
Question 4
Not yet
answered Observing workers’ timecards for signatures of approval and review by the supervisor is an adequate audit engagement procedure for the human resources and payroll cycle.
Marked out of
1.00
Select one:
True
False
Question 5
Not yet
answered Dirty Jobs Limited is a plumbing company that manufactures and sells plumbing supplies. After a discussion with the senior manager in the procurement department, you identified
the following high risk: Purchases may be accounted for in the current period, while the goods are in fact only received in the following period. The corresponding audit engagement
Marked out of
1.00 objective would be: To determine that the purchases which are accounted for in the current period are related to goods received in the current period.
Select one:
True
False
https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=1960602&cmid=247838 2/10
