Audit Fundamentals
What is the ultimate goal / deliverable of an audit?
The audit opinion
the closest living relative of the TRex is what animal
chicken
What is the name of Kim Kardashian and Kanye West's first born child?
North West
What is the tickmark used to document a number that ties to the previous yeas' 10k?
PY
Which element has a symbol of "K"
Potassium
What is a notation added to a workpaper to evidence audit procedures performed?
tickmark
How many hearts does an octopus have?
3
What is the only US state where its capital city does not have a McDonald's
Vermont
Cash reconciliations, Process narratives, expense details and the TB are all examples of what?
PBCs
What does SPF stand for?
Sun Protection Factor
What is the name of the tile within KCc houses the secure exchange of PBCs?
"Prepared by Client"
What is the only animal that can fly backwards?
Hummingbird
Which actress played the character Holly Golightly in Breakfast at Tiffany's.
Audrey Hepburn
What is used to agree an amount from one workpaper to another?
Reference
Supposedly, in what year did the first moon landing occur?
1969
What is the point in a process where a misstatement can occur?
process risk point (PRP)
What dog breed is born plain white, but develops spots as it ages?
Dalmation
Which US president has been inducted into the national wrestling hall of fame
Honest Abraham Lincoln
If you have follow-up questions or identify issues with a PBC or client workpaper, who do you follow-up with?
A more experienced team member
Despite the name, peanuts are not nuts.. What are they?
Legumes
In class yesterday what was the materiality threshold for the United Carbonations Engagement
$1.9M
For which species does the male carry the offspring and give birth?
the seahorse
What is the best engagement team in the office?
CBRE
What section of KCw involves the actual performance of audit procedures and will be where you spend the majority of your time?
3. Business Processes
What is the longest word in the english language with only 1 vowel
strengths