MENU
Symbol A most likely represents:
Suggested Answer: C
Get Premium CPA-Auditing Questions
as Interactive Web-Based Practice Test or PDF
Real Exam Format
Detailed Explanations
Instant Access
Get Your Practice Test
Choice 'c' is correct. Management's refusal to furnish a written representation letter constitutes a limitation on the scope sufficient to preclude an unqualified opinion.
Choice 'a' is incorrect. Engaging the auditor after the year-end physical count is completed need not preclude an unqualified opinion if the auditor can apply satisfactory alternative audit procedures.
Choice 'b' is incorrect. Failure to correct a material internal accounting control weakness that had been identified during the prior year's audit need not preclude an unqualified opinion, although it may require the auditor to apply extended auditing procedures.
Choice 'd' is incorrect. Inability to review the predecessor's prior year audit documentation may cause the successor auditor more work but need not preclude an unqualified opinion in the current year.
30 comments · newest first
AL
Alysa
10 months ago
Totally with you on A, it fits perfectly!
KR
Kristian
11 months ago
Wait, are we sure it's not D? Seems off.
MO
Mollie
11 months ago
B is actually for receiving reports, not A.
MA
Margot
11 months ago
I think it's C, makes more sense for accounts.
MA
Marshall
11 months ago
Definitely A, that's the standard term.
LU
Luther
12 months ago
I’m leaning towards the receiving report file for A, but I can't recall the exact details. I wish we had more examples to review!
MA
Markus
12 months ago
I feel like A could also be the cash disbursements transaction file. It’s tricky because they all seem to overlap in function.
AS
Asuncion
12 months ago
I remember we discussed something similar, and I thought the accounts receivable master file was related to A. But now I'm second-guessing myself.
HA
Harris
1 year ago
I think Symbol A might be the remittance advice file, but I'm not completely sure. It sounds familiar from our last practice session.
CA
Carmelina
1 year ago
I'm a bit confused by this question. I'm not sure if I fully understand the differences between these file types. I'll have to make an educated guess.
SH
Shannon
1 year ago
Okay, let me see. A remittance advice file sounds like the most logical choice here. I'll go with that.
FR
Franchesca
1 year ago
Hmm, I'm not totally sure about this one. I'll have to think it through carefully before selecting an answer.
DO
Dorthy
1 year ago
I'm pretty confident this is a remittance advice file, since that's the first option and it seems to fit the context.
KA
Katie
1 year ago
I'm so hungry, I could eat a whole stack of remittance advices. Or maybe a receiving report file... Hmm, decisions, decisions.
SA
Salome
1 year ago
Wait, is this a multiple-choice question or a choose-your-own-adventure? I'm feeling adventurous, so I'm gonna go with D - Cash disbursements transaction file. What could possibly go wrong?
EA
Earleen
1 year ago
User 3: I'll stick with the adventurous choice and go with D - Cash disbursements transaction file.
SI
Silvana
1 year ago
User 2: I'm going with A - Remittance advice file.
QU
Quentin
1 year ago
User 1: I think it's C - Accounts receivable master file.
LE
Leoma
1 year ago
I'm sensing a disturbance in the force... or maybe it's just my stomach rumbling. Anyway, I'm gonna go with C - Accounts receivable master file. It's the safe bet, right?
FI
Fidelia
1 year ago
Well, we'll find out soon enough which one is correct.
HU
Hubert
1 year ago
I'm not so sure about that, I'm leaning towards A - Remittance advice file.
RA
Rana
1 year ago
I'm going with D - Cash disbursements transaction file.
LI
Lizbeth
1 year ago
I think you're right, C does seem like the safest bet.
DO
Domonique
1 year ago
Ah, the age-old battle between accounts receivable and cash disbursements. I'm going with B - Receiving report file. It just feels right, you know?
RE
Rebecka
1 year ago
Hmm, this one's tricky. Remittance advice file seems like the most logical choice, but I can't shake the feeling that it might be a trick question.
GA
Gayla
1 year ago
I think it's C) Accounts receivable master file.
IR
Iraida
1 year ago
A) Remittance advice file.
MA
Margarita
2 years ago
I'm not sure, but I think it could also be the cash disbursements transaction file.
DO
Dorothea
2 years ago
I agree with Son, because it makes sense for symbol A to be related to accounts receivable.
SO
Son
2 years ago
I think symbol A represents the accounts receivable master file.