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AICPA CPA-Auditing Exam - Topic 2 Question 45 Discussion

Actual exam question for AICPA's CPA-Auditing exam
Question #: 45
Topic #: 2
[All CPA-Auditing Questions]

When auditing an entity's financial statements in accordance with Government Auditing Standards (the Yellow Book), an auditor is required to report on:

i. Noteworthy accomplishments of the program.

ii. The scope of the auditor's testing of internal controls.

Show Suggested Answer Hide Answer
Suggested Answer: B

Choice 'b' is correct. When auditing an entity's financial statements in accordance with Government Auditing Standards, an auditor is required to report on the scope of the auditor's testing of internal control, but not on noteworthy accomplishments of the program.

Choices 'a', 'c', and 'd' are incorrect, based on the above Explanation: .


by Stephen at May 05, 2022, 04:02 PM

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Patrick
4 months ago
Wait, are we sure about that? Sounds a bit off.
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Amber
4 months ago
I agree, both need to be reported for a complete audit.
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Rosio
4 months ago
Surprised to see "noteworthy accomplishments" in there!
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Tamesha
4 months ago
I thought it was just about internal controls?
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Denny
5 months ago
Definitely both I and II! That's how it should be.
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Nettie
5 months ago
This seems straightforward - I'd go with option A since it focuses on the visitor's experience during the promotion, which is the key requirement.
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Mitzie
5 months ago
Wait, I'm confused. Are the examples all examples of reinforcement, or could some of them be other behavior modification strategies? I need to think this through carefully.
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Stephaine
5 months ago
I remember practicing a question that discussed selecting information systems, but I'm torn between that and labor force requirements.
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Corrina
5 months ago
The key here is identifying which system typically involves design concurrently with manufacturing. I think C, project-based, is the best answer based on what I know about these systems.
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Tony
5 months ago
Hmm, I'm a bit confused on this one. I'm not sure if I should go with the load balancer or the SAP Web Dispatcher. I'll need to review the details more carefully.
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