Audıtıng (ENG) — 2024-2025 Ara Çıkmış Sınav

1. Which of the following statements is incorrect? A) In compliance audit, it is checked whether the rules determined by an authority are complied with. B) Compliance Audit is also known as Performance Audit C) Established criteria in independent auditing is Generally Accepted Accounting Principles (GAAP) D) Independent Audit is also known as Financial Statement Audit. E) Internal Audit is also known as Performance Audit or Operational Audit.

2. "---- measures the auditor's assessment of the risk or likelihood of material misstatement being present about a class of transaction, account balance, or disclosure, before considering the effectiveness of related internal controls." Wich of the following completes the sentence above? A) Inherent Risk B) Control Risk C) Business Risk D) Audit risk E) Account Risk

3. In which of the following type of organizations in Türkiye, an advanced Internal Control Sytem is not yet able to be implemented? A) Banks B) Holding companies that have reached a certain size C) SMEs D) Brokerage firms E) Companies with foreign partners

4. Which of the following is not related to the audit process? A) Examining the financial statement B) Reporting the results C) Collecting evidence D) Preparing the financial statement • Evaluating evidence

5. Which one of the following is the definition of "external confirmation" as an audit technique? A) Seeking information from knowledgeable persons. B) Inventory counting by the client firm's personnel. C) Checking the mathematical accuracy of records and documents. D) Aphysical examination of an asset. E) Letter received from customers on behalf of the trade receivables.