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【简答题】
(a) Define audit risk and the components of audit risk. (5 marks) You are an audit supervisor of Amethyst & Co and are currently planning the audit of your client, Aquamarine Co (Aquamarine) which manufactures elevators. Its year end is 31 July 2016 and the forecast profit before tax is $15·2 million. The company undertakes continuous production in its factory, therefore at the year end it is anticipated that work in progress will be approximately $950,000. In order to improve the manufacturing process, Aquamarine placed an order in April for $720,000 of new plant and machinery; one third of this order was received in May with the remainder expected to be delivered by the supplier in late July or early August. At the beginning of the year, Aquamarine purchased a patent for $1·3 million which gives them the exclusive right to manufacture specialised elevator equipment for five years. In order to finance this purchase, Aquamarine borrowed $1·2 million from the bank which is repayable over five years. In January 2016 Aquamarine outsourced its payroll processing to an external service organisation, Coral Payrolls Co (Coral). Coral handles all elements of the payroll cycle and sends monthly reports to Aquamarine detailing the payroll costs. Aquamarine ran its own payroll until 31 December 2015, at which point the records were transferred over to Coral. The company has a policy of revaluing land and buildings and the finance director has announced that all land and buildings will be revalued at the year end. During a review of the management accounts for the month of May 2016, you have noticed that receivables have increased significantly on the previous year end and against May 2015. The finance director has informed you that the company is planning to make approximately 65 employees redundant after the year end. No decision has been made as to when this will be announced, but it is likely to be prior to the year end. Required: (b) Describe SIX audit risks, and explain the auditor’s response to each risk, in planning the audit of Aquamarine Co. (12 marks) (c) Explain the additional factors Amethyst & Co should consider during the audit in relation to Aquamarine Co’s use of the payroll service organisation. (3 marks)
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举一反三
【单选题】下列关于关系模型基本性质的描述中,错误的是( )。
A.
关系的同一列的属性值应取自同一值域
B.
同一关系中不能有完全相同的元组
C.
在一个关系中行、列的顺序无关紧要
D.
关系中的列可以允许再分
【简答题】影响计算机运行速度的因素有( ) 的长度 、 晶片振荡的频率 和 数据总线的宽度 。
【简答题】影响计算机运行速度的因素有 机器字长的长度 、 晶片振荡的频率 和 ( ) 的 宽度 。
【判断题】我国现阶段较为推广乙醇汽油E10。
A.
正确
B.
错误
【简答题】影响计算机运行速度的因素有 机器字长的长度 、 ( )的 频率 和 数据总线的宽度 。
【简答题】影响计算机运行速度的因素有___、___ 、___ 。
【判断题】十九大报告指出,中国特色社会主义进入新时代,这是我国发展新的历史方位。
A.
正确
B.
错误
【判断题】十九大报告指出,中国特色社会主义进入新时代,这是我国发展新的历史方位。
A.
正确
B.
错误
【单选题】下列有关票据承兑的各项表述中,不正确的是()
A.
出票后定期付款的汇票,持票人应当在汇票到期日向付款人提示承兑
B.
见票后定期付款的汇票,持票人应当自出票日起2个月内向付款人提示承兑
C.
见票后定期付款的汇票,持票人应当自出票日起l 个月内向付款人提示承兑
D.
见票即付的汇票无需提示承兑
【多选题】下列关于清洁剂表述正确的是 。
A.
碱性清洁剂的 PH小于7
B.
清洁剂去污效果的好坏主要取决于它的表面活性剂的含量多少和质量高低
C.
酶制剂对蛋白质、淀粉、脂肪性污垢起分解作用
D.
对于有泡沫的溶剂来说,泡沫量的多少往往是其洗涤能力强弱的标志
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