A: unusual transactions
B: weaknesses of a material nature in internal control
C: noncompliance with prescribed control activities
D: improper separation of accounting and other financial duties
举一反三
- Which of the following procedures is less likely to be included near completion of an audit? A: performing analytical procedures B: obtaining an understanding of internal control C: confirmation of receivables D: observation of inventory
- Which of the following is NOT an internal check? A: Separation of duties for authorising, custody and recording B: Pre-lists, post-lists and control totals C: Bank reconciliations D: Systems for authorising transactions within specified spending limits
- Which of following is NOT financial control procedures？ A: Segregation of duties B: Organisation C: Authorisation and approval D: Oversight
- In a financial accounting system what would be the double entry for the purchase of raw materials? A: Dr Raw material inventory, Cr Payables control account B: Dr Raw material inventory, Cr Cost control account C: Dr Payables control account, Cr Dr Raw material inventory D: Dr Cost control account, Cr Dr Raw material inventory
- The financial information provided by an accounting system is needed by managerial decision makers to help them plan and control the activities of the economic entity.
内容
- 0
In a financial accounting system what would be the double entry for the issue of direct materials to production? A: Dr Raw material inventory, Cr Work in progress B: Dr Raw material inventory, Cr Cost control account C: Dr Work in progress, Cr Raw material inventory D: Dr Cost control account, Cr Raw material inventory
- 1
all of the following are internal control procedures except A: Sarbanes-Oxley reforms B: assignment of responsibilities C: internal and external audits D: adequate records
- 2
All of the following statements regarding accounting information systems are true except: () A: Accounting information systems collect and process data from transactions and events. B: Accounting information systems organize data in useful forms. C: Accounting information systems are crucial to effective decision making. D: Accounting information systems do not establish internal control procedures.
- 3
Which<br/>of the following are the three major categories included on the<br/>statement of cash flows?() A: Investing,<br/>operating and financing activities B: Investing,<br/>capital and financing activities C: Investing,<br/>operating and contracting activities D: Financial,<br/>operating and internal control activities
- 4
All of the following statements regarding accounting information systems are true except: A: Accounting information systems do not establish internal control procedures. B: Accounting information systems collect and process data from transactions and events. C: Accounting information systems are crucial to effective decision making. D: Accounting information systems communicate information to business decision makers.