Reference no: EM132823387

Problem 1: An auditor wants to perform tests of controls on a client's cash disbursement procedures. If the control procedures leave no audit trail or documentary evidence, the auditor is most likely to test the procedures by

A) confirmation and observation.

B) confirmation and analytical procedures.

C) observation and inquiry.

D) inquiry and analytical procedures.

Problem 2: The controls over purchase requisitions and the related purchase orders are evaluated and tested as part of the

A) inventory and distribution cycle.

B) acquisitions and payments cycle.

C) human resources and payroll cycle.

D) capital acquisitions cycle.