[jeff]

Free Study Planner, Notes, Audio, Flashcards: https://www.another71.com/cpa-exam-study-plan/

Free CPA Exam Survival Guide: https://www.another71.com/cpa-exam-survival-guide/

[mariam almas]

@kappa1032 your exam is very sooooooon same of mine.

study hard it's worth ……… all the best

AUD: 81 (Done)
REG: Currently studying
FAR: TBD
BEC: TBD

NH

[Anonymous]

kappa – I am sitting for AUD on 10/2 as well. At this point am doing as many MCQ's as I can. How have you prepared for SIMS?

[kappa1032]

@ Cracked – I've just been doing the sim in the Ninja MCQ's – getting mixed results so far. I pretty much know what areas I'm weak on, so I just need to focus on getting a better understanding in those topics.

FAR - 81
REG - 74, 87
AUD - 88
BEC - 88

Finally.

“The only guarantee for failure is to stop trying”
― John C. Maxwell

[Anonymous]

I've been doing some sims on the WTB, now will start looking at the Ninja MCQ sims for the next 17 days before my exam.

[Anonymous]

I've been doing some sims on the WTB, now will start looking at the Ninja MCQ sims for the next 17 days before my exam.

[Future Ninja]

@KAPPA1032 – best of Luck Dude. Knock 'em dead.

AUD - 79 (expired) retaking July 28,2016
FAR - 76 expiring July 31, 2016
BEC - 85
REG - 74,74,74,74,59,70,

[Future Ninja]

and also to you @cracked. best of luck.

AUD - 79 (expired) retaking July 28,2016
FAR - 76 expiring July 31, 2016
BEC - 85
REG - 74,74,74,74,59,70,

[Anonymous]

1.For good internal control, which of the following functions should not be the responsibility of the treasurer’s department?

A. Data processing.

B. Handling of cash.

C. Custody of securities.

D, Establishing credit policies.

[Anonymous]

2. A government internal audit function is presumed to be free from organizational independence impairments for reporting internally when the head of the organization

A. Is not accountable to those charged with governance.

B. Performs auditing procedures that are consistent with generally accepted accounting principles.

C. Is a line-manager of the unit under audit.

D. Is removed from political pressures to conduct audits objectively, without fear of political reprisal.

[Future Ninja]

@cpahopeful:

1. A?

2. D?

AUD - 79 (expired) retaking July 28,2016
FAR - 76 expiring July 31, 2016
BEC - 85
REG - 74,74,74,74,59,70,

[Anonymous]

Correct on both accounts!

3. Which one of the following would the auditor consider to be an incompatible operation if the cashier receives remittances from the mailroom?

A. The cashier prepares the daily deposit.

B. The cashier makes the daily deposit at a local bank.

C. The cashier posts the receipts to the accounts receivable subsidiary ledger cards.

D. The cashier endorses the checks.

[Anonymous]

4. The PCAOB has the authority to enforce SOX Title III, Section 303, in which type of proceedings?

Select an answer:

A.

Criminal

B.

Civil

C.

Regulatory

D.

The PCAOB has no authority to enforce rules and regulations.

[Tarheelgirl]

3. B

4. B

FAR - 46, 79 (7/8/14)
AUD - 56, 59, 2/23/15 3rd times a charm!
BEC - 69, 74 Really??
REG - April, I hope. Fingers crossed!

[Anonymous]

Good luck to all those who are taking AUD this week! Let us know how it goes…

[Anonymous]

@CPAHOPEFUL11

3. C. Cashier is Custody, B is Recording.(ARC)

4. C?

[Author]

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