Last_Exam

Dept. of Accounting

College of Business

Al Azhar University-Gaza

بسم الله الرحمن الرحيم

Final Exam

Auditing (1)

Fall 2009

Instructor:

Emad AbuShaaban

Time: 2hrs.

Answer (3 out of 5) of the following questions and problems

(I) Choose the right answer

(II) Choose (T) for True or (F) for False for each statement:

(III) Distinguish among the following three risks: free interest rate, business risk, and information risk. Which one or ones does the auditor reduce by performing an audit?

(IV) distinguish between an unqualified report with an explanatory paragraph or modified wording and a qualified report. Give examples when an explanatory paragraph or modified wording should be used in an unqualified opinion.

(V) List the four parts of the Code of Professional Conduct, and state the purpose of each.

بالتوفيق والتفوق

GOOD LUCK