Trouble seeing how I'm getting this Sim. answer wrong

  • Creator
    Topic
  • #199186
    Biff-1955-Tannen
    Participant

    Copied and pasted from the screen…

    My answer: AU-C 706.A13, Illustration 2

    Ninja Answer: AU-C 706.A13, Illustration 2, is an example of “An Auditor’s Report With an Other-Matter Paragraph That May Be Appropriate When an Auditor Issues an Updated Report on the Financial Statements of a Prior Period That Contains an Opinion Different From the Opinion Previously Expressed.”

    I got this question before and I thought it was wrong because I didn’t put a comma after A13. This time I did and it’s still wrong… If I’m doing something wrong here in the format, I don’t want to do it on the actual exam. Do you see if I’m doing something wrong, or is it just an error with Ninja?

    AUD 93 Jan 16
    BEC 83 Feb 16
    FAR 83 Apr 16
    REG 84 May 16

    99% Ninja MCQ only

Viewing 3 replies - 1 through 3 (of 3 total)
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  • #752867
    monikernc
    Participant

    Try without Illustration 2. If that is still wrong it may not want the A paragraph. It may want the paragraph that references the A. What is the actual question?

    FAR 7/25/15 76!
    AUD 10/30/15 93
    BEC 2/27/16 82
    REG 5/23/16 88!
    Ninja Book and MCQ and the forum - all the way!!!
    and a little thing i like to call, time and effort!
    if you want things to change, you have to do something different

    #752868
    Biff-1955-Tannen
    Participant

    Thanks for the reply. You were right, I did it without the Illustration 2 and it worked.
    “Which section and paragraph of the AICPA's Codification of Statements on Auditing Standards (clarified standards) provide an example of an appropriate opinion when the updated report on the financial statements of a prior period contains an opinion different from that previously expressed?”

    AUD 93 Jan 16
    BEC 83 Feb 16
    FAR 83 Apr 16
    REG 84 May 16

    99% Ninja MCQ only

    #752869
    monikernc
    Participant

    Good deal! The exam will have little boxes. In your example above the first box will be AU-C the second box will be 706 and the third will be A13
    It is important to know when to use the A as opposed to the numbered paragraph. In your question it pointed you to an A because it asked for an example.

    FAR 7/25/15 76!
    AUD 10/30/15 93
    BEC 2/27/16 82
    REG 5/23/16 88!
    Ninja Book and MCQ and the forum - all the way!!!
    and a little thing i like to call, time and effort!
    if you want things to change, you have to do something different

Viewing 3 replies - 1 through 3 (of 3 total)
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