America Says Questions for 100,200, & 300 Points

Deloitte

100

WORTH: 100 POINTS 

What is Deloitte's full name?

Deloitte Touche Tohmatsu Limited

200

WORTH: 200 POINTS

By what time and where do you submit time and expense?

DTE, Saturday 11:59PM CT

300

WORTH 300 POINTS

This tool on DeloitteNet allows for more standardized audits by providing workpaper templates that encourage consistency on all audits.

DWW

Accounting

100

WORTH: 100 POINTS

What is the accounting equation?

A = L + E

200

WORTH: 200 POINTS

Which authoritative body provides guidance for public audits?

PCAOB

300

WORTH: 300 POINTS

List the 5 components of internal control under the COSO framework.

Control Environment, Risk Assessment, Control Activities, Information & Communication, & Monitoring Activities

Assertions

100

WORTH: 100 POINTS

This assertion relates to ensuring expenses are recorded in the correct time period.

Cutoff

200

WORTH: 200 POINTS

List all Balance Sheet assertions.

Existence, Rights & Obligations, Completeness, Valuation & Allocation

300

WORTH: 300 POINTS

List all Income Statement assertions

Occurrence, Accuracy, Completeness, Cutoff, & Classification

Cities

100

WORTH: 100 POINTS

What city is Elvis from?

Memphis

200

WORTH: 200 POINTS

These two NHL teams from Raleigh and Nashville competed in the 2021 Stanley Cup Playoffs. 

Carolina Hurricanes and Nashville Predators

300

WORTH: 300 POINTS

What city is the pimento cheese capital of the world?

Charlotte