ACCT 400 Final Exam Answers

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A. True B. False Question 18 of 50 1.0/ 1.0 Points The Sarbanes-Oxley Act limits the amount of non-attest services that auditors may perform for public companies they audit. A. True B. False Question 19 of 50 1.0/ 1.0 Points An audit report must be issued whenever an auditor is associated with financial statements. A. True B. False
Question 20 of 50 1.0/ 1.0 Points Preventative controls are preferred over detective controls. A. True B. False Question 21 of 50 0.0/ 1.0 Points Unfilled orders are taken off the list after they are received and recorded. A. True B. False Question 22 of 50 1.0/ 1.0 Points Deciding that internal controls are effective when they in fact they are not is an example of assessing control risk too high.
Page 1 and 2: ACCT 400 Final Exam Answers Follow
Page 3 and 4: Question 5 of 50 0.0/ 1.0 Points Al
Page 5 and 6: Question 10 of 50 0.0/ 1.0 Points I
Page 7: Question 15 of 50 1.0/ 1.0 Points A
Page 11 and 12: Question 25 of 50 1.0/ 1.0 Points M
Page 13 and 14: Question 30 of 50 1.0/ 1.0 Points T
Page 15 and 16: Question 35 of 50 1.0/ 1.0 Points A
Page 17 and 18: Question 40 of 50 1.0/ 1.0 Points C
Page 19 and 20: Question 45 of 50 0.0/ 1.0 Points C
Page 21: Question 50 of 50 1.0/ 1.0 Points G

ACCT 400 Final Exam Answers

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