AUD Study Group Q2 2015 - Page 41

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    Topic
  • March 5, 2015 at 8:09 pm #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 - 601 through 615 (of 1,631 total)
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  • March 25, 2015 at 10:39 pm #668951
    trish_1234
    Member

    Hello Lady! I am totally sick of auditing -_- …huge struggle to study, procrastination to the fullest over this side

    E & C

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

    March 25, 2015 at 10:55 pm #668952
    Anonymous
    Inactive

    I've gone through half of the questions in section 2 of Ninja MCQ and I have a 61% trending average….. not good…… not good at all!

    March 25, 2015 at 11:10 pm #668953
    AJG38
    Participant

    @Ladybossxo……..C & E for the win?

    AUD - 91 (4/7/2015)
    BEC - 88 (4/29/2015)
    FAR - 80 (5/29/2015)
    REG - 70 (8/18/2015); 82 (11/08/2015)

    Gleim & Ninja Flashcards

    March 25, 2015 at 11:20 pm #668954
    AJG38
    Participant

    Gleim MCQ:

    AU-C 505, External Confirmation, defines external confirmation as “a written response to the auditor from a third party (the confirming party), either in paper form or by electronic or other medium.” The assertions for which confirmation of accounts receivable balances provide primary evidence are…?

    A. Completeness & Valuation

    B. Valuation & Rights and Obligations

    C. Rights and Obligations & Existence

    D. Existence & Completeness

    AUD - 91 (4/7/2015)
    BEC - 88 (4/29/2015)
    FAR - 80 (5/29/2015)
    REG - 70 (8/18/2015); 82 (11/08/2015)

    Gleim & Ninja Flashcards

    March 25, 2015 at 11:21 pm #668955
    trish_1234
    Member

    AJg38! Are you new here?

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

    March 25, 2015 at 11:29 pm #668956
    trish_1234
    Member

    C

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

    March 25, 2015 at 11:32 pm #668957
    Anonymous
    Inactive

    C?

    March 25, 2015 at 11:34 pm #668958
    WANNABE_CPA
    Member

    C?

    FAR : 68, 74, 83 Thank you God 🙂
    BEC : 78 (8/27) 🙂
    REG : 72 ,80 (2/25) 🙂
    AUD : 69,67, 07/23

    March 25, 2015 at 11:52 pm #668959
    ladybossxo
    Participant

    @Trish and Aj: Yes C and E are correct!

    A reply to the second request, or information from the credit agency, may confirm the existence of the new customer. Also, examination of shipping documents will reveal where the goods were shipped, and ordinarily to which party.

    CPA Exams Done.

    March 25, 2015 at 11:52 pm #668960
    ladybossxo
    Participant

    C?

    CPA Exams Done.

    March 25, 2015 at 11:54 pm #668961
    ladybossxo
    Participant

    @Trish: Hahaha omg same here. I just bought Gleim SIMS. I am going to work on some of the SIMS. Putting multiple choice on hold. Lol. I am so sick of it. When are you retaking your exam?

    CPA Exams Done.

    March 26, 2015 at 12:01 am #668962
    AJG38
    Participant

    @Trish,CPA Title, WannaBe, and Ladyboss….the correct answer is “C.”

    And yes Trish, I just signed up a couple weeks ago after reading through some of the forums; seems like a very useful, and motivating tool!

    AUD - 91 (4/7/2015)
    BEC - 88 (4/29/2015)
    FAR - 80 (5/29/2015)
    REG - 70 (8/18/2015); 82 (11/08/2015)

    Gleim & Ninja Flashcards

    March 26, 2015 at 1:51 am #668963
    trish_1234
    Member

    Welcome Ajg38!

    @ lady, the SIMS in gleim are good. Some are identical to ninja … I hope the real exam will be similar too lolol

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

    March 26, 2015 at 2:09 am #668964
    WANNABE_CPA
    Member

    An auditor most likely would review an entity's periodic accounting for the numerical sequence of shipping documents and invoices to support management's financial statement assertion of:

    A.

    existence.

    B.

    rights and obligations.

    C.

    valuation and allocation.

    D.

    completeness.

    FAR : 68, 74, 83 Thank you God 🙂
    BEC : 78 (8/27) 🙂
    REG : 72 ,80 (2/25) 🙂
    AUD : 69,67, 07/23

    March 26, 2015 at 2:15 am #668965
    Anonymous
    Inactive

    d

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