課程名稱︰審計學下
課程性質︰必修
課程教師︰陳耀宗
開課學院：管理學院
開課系所︰會計系
考試日期（年月日）︰2013.04.18
考試時限（分鐘）：90分鐘
是否需發放獎勵金：是
試題 :
一、(60分)選擇題，每題請選出一個最適當之答案：
1.In monetary-unit sampling, the relationship between tolerable misstatement
size and required sample size is:
A) direct.
B) inverse.
C) varied.
D) indeterminable.
2. Monetary-unit sampling is not particularly effective at detecting:
A) overstatements.
B) understatements.
C) errors in current assets.
D) errors in noncurrent assets.
3. Before goods are shipped on account, a properly authorized person must:
A) prepare the sales invoice.
B) approve the journal entry.
C) approve the customer's credit.
D) verify that the unit price is accurate
4. An auditor is performing a credit analysis of customers with balances over
60 days due. She is most likely obtaining evidence for which audit related
objective?
A) realizable value
B) existence
C) completeness
D) occurrence
5. An effective procedure to test for unbilled shipments is to trace from the:
A) sales journal to the shipping documents.
B) shipping documents to the sales journal.
C) sales journal to the accounts receivable ledger.
D) sales journal to the general ledger sales account.
6. An accounts receivable population contains a total of four customers. The
accounts, the amounts, and the cumulative total are shown below.
Monetary-unit sampling is to be used.
Account Name Recorded Amount Cumulative Total
Blue $ 357 $ 357
Brown 281 638
Gray 60 698
Green 574 1,272
Based on the information above, the population size is
A) 4.
B) 574.
C) 1,272.
D) $2,684.
7. An auditor is gathering evidence on the completeness assertion. To do so
she performs a test to verify that all goods received by the company have
been recorded properly. The document population for this test would consist
of all
A) Vendor Invoices
B) Purchase Orders
C) Receiving Reports
D) Cash Disbursements for Accounts Payable
8. Internal control over cash receipts is weakened when an employee who
receives customer mail receipts also:
A) prepares the cash receipt prelist.
B) prepares bank deposit slips for all mail receipts.
C) records credits to individual accounts receivable.
D) prepares remittance advices when they are not included with the customer
payment.
9. Cash receipts from sales on account have been misappropriated. Which of the
following acts would conceal this fraud and be least likely to be detected
by an auditor?
A) Understating the sales journal by not recording cash sales.
B) Overstating the accounts receivable control account by intentionally
misstating prices charged for goods sold.
C) Overstating the accounts receivable subsidiary ledger by not recording
payments made by customers.
D) Understating the cash receipts journal by purposely recording incorrect
amounts.
10.Which of the following audit procedures will best uncover an understatement
of sales and accounts receivable?
A) Confirm accounts receivable.
B) Review the aged accounts receivable trial balance.
C) Test a sample of sales transactions, selecting the sample from pre-numbered
shipping documents.
D) Test a sample of sales transactions, selecting the sample from sales
invoices recorded in the sales journal.
11.In monetary unit sampling, a sampling interval of 900 means that:
A) every 900th item will be selected.
B) every 900th dollar in the account will be sampled.
C) expected misstatement is 900.
D) tolerable misstatement is 900.
12.You have been assigned to the accounts payable transaction as part of your
auditing responsibilities. You have decided to vouch a sample of entries
in the accounts payable master file to supporting documents. Which assertion
is this test of controls most likely to support?
A) Accuracy
B) Classification
C) Completeness
D) Occurrence
13.Tests of controls for the occurrence assertion for purchases include all
of the following except
A) Evaluating proper segregation of duties
B) Testing a sample of vouchers for an authorized purchase order
C) Testing a sample of vouchers for matching receiving reports
D) Tracing a sample of vouchers to purchases journal.
14.Which one of the following duties should not be assigned the purchases
department?
A) finding the lowest cost vendor
B) reviewing vendors' catalog descriptions and prices for standardized items
C) designing the purchase order form
D) authorizing the acquisition of goods
15.The accounts payable department usually has responsibility for approving
acquisitions for payment by comparing the details on the:
A) vendor's invoice and the receiving report.
B) vendor's invoice and the purchase requisition.
C) purchase order, receiving report, and vendor's invoice.
D) purchase requisition, purchase order, and receiving report.
16.Which of the following is the most effective control procedure to detect
vouchers that were prepared for the payment of goods that were not received?
A) Count goods upon receipt in storeroom.
B) Match purchase order, receiving report, and vendor's invoice for each
voucher in accounts payable department.
C) Compare goods received with goods requisitioned in receiving department.
D) Verify vouchers for accuracy and approval in internal audit department.
17.You are the in-charge auditor and are designing audit procedures for
accounts payable. Which of the following management assertions would you
normally be most concerned about?
A) Occurrence
B) Accurancy
C) Completeness
D) Existence
18.A company failed to record an acquisition of merchandise and its related
liability, but the merchandise was included in ending inventory. The effect
on the financial statements was to:
A) understate both assets and liabilities.
B) understate net income and owners' equity.
C) understate assets and owners' equity.
D) understate liabilities, and overstate both net income and owners' equity.
19.The auditor's internal control objective to determine that "recorded
acquisitions are for goods and services received" satisfies the assertion
of:
A) accuracy.
B) occurrence.
C) authorization.
D) completeness.
20.An auditor performs a test to determine whether all merchandise for which
the client was billed was received. The population for this test consists of
all:
A) merchandise received.
B) vendors' invoices.
C) canceled checks.
D) receiving reports.
二、申論題(40分)
1.(6分) List at least three procedures an auditor might use to search for
unrecorded liabilities.
2.(8分)
In obtaining evidence in support of financial statement assertions, the
auditor develops specific audit procedures to access those assertions.
Audit Procedure:
1.Compare selected amounts from the accounts payable listing with the
voucher and supporting documents.
2.Review drafts of the financial statements.
3.Search for unrecorded liabilities.
4.Select a sample of receiving documents for a few days before and after year
end.
5.Obtain a listing of the accounts payable and agree total to general ledger
control account.
Specific Assertions:
a.Verify that recorded accounts payable include all amounts owed to venders.
(completeness)
b.Verify that all accounts payable are recorded in the correct period.(Cut-off)
c.Determine whether accounts payable have been properly accumulated from the
journal to the general ledger. (Accuracy)
d.Determine whether recorded accounts payable are valid.(Existence/occurrence)
Require:
Your client is All’s Fair Appliance Company, an appliance wholesaler. Select
the most appropriate audit procedure from the list below and enter the number
in the appropriate place on the grid. (An audit procedure may be selected
once, more than once, or not at all.)
3.(10分) Edwards has decided to used monetary-unit sampling(MUS) in the audit
of a client’s accounts receivable balance. Few, if any, misstatements of
account balance overstatement are expected.
Require:
a.Calculate the sample size and the sampling interval Edwards should use for
the following information:(3分)
Tolerable misstatement 15,000
Expected misstatement 6,000
Desired confidence level 95%
Recorded amount of accounts receivable 300,000
Table-Statistical Sample Sizes for Attribute Sampling-95% Desired confidence
Level
Expected
Population
Deviation
Rate Tolerable Deviation Rate
2% 3% 4% 5% 6%
0% 149 99 74 59 49
0.25 236 157 117 93 78
0.50 157 117 93 78
0.75 208 117 93 78
1.00 156 93 78
1.25 156 124 78
1.50 192 124 103
1.75 227 153 103
2.00 181 127
2.25
b.Assuming that the following three misstatements were discovered in a MUS
sample. In order to calculate the upper misstatement limit(UML), please
complete the blank column and make the conclusion.(7分)
Misstatement Number Book value Audit Value
1 400 320
2 500 0
3 3000 2500
The upper misstatement limit is calculated as follows:
Misstatement Tainting Sampling Projected 95% Upper
Number Factor Interval Misstatement Misstatement Misstatement
Factor Limit
or Increment
Basic
Precision 1.0 1,657 NA 3.0 4,971
2 (A) 1,657 (C) 1.7 (4.7-3.0) (E)
1 (B) 1,657 (D) 1.5 (6.2-4.7) (F)
Add misstatements
detected in logical
units greater than
the sampling interval:
Misstatement 3 NA 1,657 (G) NA (G)
-------
Upper Misstatement Limit (H)
Conclusion:
4.(16分)針對銷貨收入循環中所發生之「應收帳款」而言，為達成可靠財務報導之各項
聲明目標，可採行的證實測試程序為何？試列舉之。(不同聲明之證實測試程序分別寫出
二項即可！)
證實測試程序
Existence
Right and obligations
Completeness
Valuation and allocation
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