AUD Study Group Q2 2015 - Page 25

  • Creator
    Topic
  • #192520
    jeff
    Keymaster

    Welcome to the Q2 2015 CPA Exam Study Group for AUD.

    World Premier: “Unmodified” (Audit Reports Rap Video) 🙂

    Posted by Another71 on Thursday, November 13, 2014

    Free NINJA: https://www.another71.com/cpa-exam-study-plan/

    Jeff Elliott, CPA (KS) | Another71 | NINJA CPA | NINJA CMA | NINJA CPE

Viewing 15 replies - 361 through 375 (of 1,631 total)
  • Author
    Replies
  • #668707
    ladybossxo
    Participant

    I am contemplating of buying NINJA Notes but I don't know if it is the same as rewriting all the highlighted stuff in my Becker textbook.

    CPA Exams Done.

    #668708
    ladybossxo
    Participant

    @Martin: Coming from someone who has taken this exam so many times, even if your report says you scored strong on that topic, you can't neglect it. The first time I scored strong in some categories and weak in the others, when I took it the second time, it was the complete opposite. For the first broad category, you might get lucky that they ask you something you're good in, that's why you scored strong. It is not to say you're strong in that category and you can bypass it.

    CPA Exams Done.

    #668709
    trish_1234
    Member

    my butt is soar from sitting all day lololol

    Im gonna turn into a fat big.

    AUD 69, 92 7/15 Gleim and Ninja test bank
    FAR sometime in 10/15 Gleim
    BEC not taken
    REG not taken

    #668710
    Martin
    Participant

    ladybossxo, how many time if you dont mind me asking>? I think you are right cause I remember now that I got stronger on NFP and Gov, and then weak on NFP the following time.

    Through God all things can happen!

    “You never fail until you stop trying.”
    ― Albert Einstein
    When I was young, I used to admire intelligent people;as I grow older, I admire kind people.
    “Just keep swimming, just keep swimming.”

    FAR= 72-84
    Audit= 73-82
    BEC= 74-75
    Reg=77

    #668711
    trish_1234
    Member

    b

    AUD 69, 92 7/15 Gleim and Ninja test bank
    FAR sometime in 10/15 Gleim
    BEC not taken
    REG not taken

    #668712
    Martin
    Participant

    b. Confirmation.

    Through God all things can happen!

    “You never fail until you stop trying.”
    ― Albert Einstein
    When I was young, I used to admire intelligent people;as I grow older, I admire kind people.
    “Just keep swimming, just keep swimming.”

    FAR= 72-84
    Audit= 73-82
    BEC= 74-75
    Reg=77

    #668713
    ladybossxo
    Participant

    @Martin: This will be my fifth time and I am getting so sick of it. I personally don't like transaction cycles and all those internal control questions they throw at me. With transaction cycles, I've gotten weak and comparable twice but never strong, so I need to work on that. My other categories are fine, and SIMS killed me every single time because out of my 4 times, I got asked the same three sim questions that I had no idea how to do and I know they are not pre-test.

    CPA Exams Done.

    #668714
    trish_1234
    Member

    Lady is right.

    maybe you got 2 questions on that category and got lucky.

    AUD 69, 92 7/15 Gleim and Ninja test bank
    FAR sometime in 10/15 Gleim
    BEC not taken
    REG not taken

    #668715
    ladybossxo
    Participant

    @Martin and Trish: B is correct.

    The auditor should observe the physical inventory count of goods held in public warehouses if the inventory held therein is significant; otherwise, confirmation of such inventory is sufficient.

    CPA Exams Done.

    #668716
    trish_1234
    Member

    OMG, maybe I should have written the sims the minute I left the test center

    AUD 69, 92 7/15 Gleim and Ninja test bank
    FAR sometime in 10/15 Gleim
    BEC not taken
    REG not taken

    #668717
    trish_1234
    Member

    When an auditor is to conduct an audit of a service organization, what considerations should the auditor make in the planning stages regarding internal controls of the organization?

    A. The auditor should obtain an understanding of the entity’s internal controls after performing substantive procedures.

    B. The auditor should be engaged to perform agreed-upon procedures.

    C. The auditor should determine whether management has adequately described complementary user controls.

    D. The auditor should assess risks before obtaining an understanding of internal controls.

    AUD 69, 92 7/15 Gleim and Ninja test bank
    FAR sometime in 10/15 Gleim
    BEC not taken
    REG not taken

    #668718
    ladybossxo
    Participant

    @Trish: Yes it is a good idea. I wrote out all my sims for all my exams that I was tested on but I could never remember the exact questions, just the broad category.. you know how it tells you at the bottom of the exam what they're testing you and all.

    CPA Exams Done.

    #668719
    trish_1234
    Member

    I never noticed that, I was too busy freaking out

    AUD 69, 92 7/15 Gleim and Ninja test bank
    FAR sometime in 10/15 Gleim
    BEC not taken
    REG not taken

    #668720
    ladybossxo
    Participant

    @Trish: Is the answer C?

    CPA Exams Done.

    #668721
    Martin
    Participant

    ladybossxo, you would have loved my exam, I did not get more then 5 questions on assertions and 0 questions on cycles. It must be hard for you to review MC questions, you mush have memorized most of them by now. Have you tried ninja?

    Through God all things can happen!

    “You never fail until you stop trying.”
    ― Albert Einstein
    When I was young, I used to admire intelligent people;as I grow older, I admire kind people.
    “Just keep swimming, just keep swimming.”

    FAR= 72-84
    Audit= 73-82
    BEC= 74-75
    Reg=77

Viewing 15 replies - 361 through 375 (of 1,631 total)
  • The topic ‘AUD Study Group Q2 2015 - Page 25’ is closed to new replies.