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NEW QUESTION: 1
Analytical procedures used in planning an audit should focus on:
A. Providing assurance that potential material misstatements will be identified.
B. Assessing the adequacy of the available audit evidence.
C. Enhancing the auditor's understanding of the client's business.
D. Reducing the scope of tests of controls and substantive tests.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Choice "C" is correct. Analytical procedures used in planning the audit should focus on enhancing the
auditor's understanding of the client's business and the transactions and events that have occurred since
the last audit date.
Choice "A" is incorrect. Analytical procedures used in planning do not reduce tests of controls or
substantive tests.
Choice "B" is incorrect. Analytical procedures used in planning are not designed to identify material
misstatements.
Choice "D" is incorrect. Audit evidence has not yet been gathered during the planning process, so its
adequacy cannot be assessed.

NEW QUESTION: 2
When a Windows domain controller is used, which of the following entities is assigned a Windows Security Identifier? (Choose three.)
A. Servers
B. Departments
C. Companies
D. Users
E. Groups
Answer: A,D,E
Explanation:
Explanation/Reference:
Reference: http://web.mit.edu/samba/swat/help/Samba3-HOWTO/NetCommand.html

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