{"id":27688,"date":"2022-01-25T15:41:20","date_gmt":"2022-01-25T15:41:20","guid":{"rendered":"https:\/\/assignmenttutors.net\/blog\/acc-599-final-exam-accounting-homework-help\/"},"modified":"2022-01-25T15:41:20","modified_gmt":"2022-01-25T15:41:20","slug":"acc-599-final-exam-accounting-homework-help","status":"publish","type":"post","link":"https:\/\/assignmenttutors.net\/blog\/acc-599-final-exam-accounting-homework-help\/","title":{"rendered":"Acc 599 final exam | Accounting homework help"},"content":{"rendered":"
\n

ACC 599 FINAL EXAM. two versions posted<\/p>\n

NOTE: PLEASE IF SOME OF YOUR QUESTIONS ARE DIFFERENT FROM THIS PLEASE MESSAGE ME I WILL PROVIDE ANSWER FOR YOU FOR FREE OR MESSAGE ME FIRST TO MAKE SURE I AM ONLINE BEFORE YOU START<\/p>\n

Question 1
\u00a0
The first general standard of the PCAOB requires that an audit be performed by which type of person?
Answer
\u00a0
\u00a0An auditor with seasoned judgment in varying degrees of supervision and review.
\u00a0
\u00a0An auditor with appropriate technical training and proficiency.
\u00a0
\u00a0An auditor with adequate knowledge of the standards of field work and reporting.
\u00a0
\u00a0An auditor satisfying the independence standards<\/p>\n

Question 2
\u00a0
Which assertion addresses whether all transactions and accounts that should be included in the financial statements are included?
Answer
\u00a0
\u00a0Existence.
\u00a0
\u00a0Valuation.
\u00a0
\u00a0Completeness.
\u00a0
\u00a0Rights and Obligations<\/p>\n

Question 3
\u00a0
Which one of the following attributes is not required of an auditor?
Answer
\u00a0
\u00a0Independence.
\u00a0
\u00a0Bias.
\u00a0
\u00a0Integrity.
\u00a0
\u00a0Technical competence<\/p>\n

Question 4
\u00a0
Which one of the following is a reporting standard requirement?
Answer
\u00a0
\u00a0The auditor will state explicitly whether the financial statements are fairly presented in accordance with the applicable financial reporting framework.
\u00a0
\u00a0The auditor will identify in the auditor\u2019s report, those circumstances in which auditing principles have not been consistently observed in the current period in comparison to the preceding period.
\u00a0
\u00a0The auditor will review adjusting journal entries for accuracy, and if the auditor concludes those entries are not reasonable accurate, the auditor must so state in the auditor\u2019s report.
\u00a0
\u00a0The auditor will express an unqualified opinion on the financial statements, or will conduct additional audit procedures until such an opinion can be expressed<\/p>\n

Question 5
\u00a0
When obtaining an understanding of internal controls, what is the independent external auditor primary concerned with?
Answer
\u00a0
\u00a0Detecting all errors.
\u00a0
\u00a0Determining the effectiveness of operations.
\u00a0
\u00a0Determining whether the internal controls can be relied upon.
\u00a0
\u00a0Determining whether the controls promote efficiency<\/p>\n

Question 6
\u00a0
Which of the following is an inherent limitation of internal controls?
Answer
\u00a0
\u00a0Lack of auditor independence.
\u00a0
\u00a0Collusion.
\u00a0
\u00a0Separation of duties.
\u00a0
\u00a0Employee peer review.<\/p>\n

Question 7
\u00a0
Which of the following is clearly a test of controls?
Answer
\u00a0
\u00a0Walk-through of the expense cycle from performance of the service to the reporting in the balance sheet.
\u00a0
\u00a0Examination of a sample of purchase order records for electronic, authenticated, authorization.
\u00a0
\u00a0Observing the controller’s use of company owned equipment.
\u00a0
\u00a0Sending a letter to the client’s attorney to determine litigation that is pending between plaintiff and the defendant<\/p>\n

Question 8
\u00a0
Which of the following is an example of a detective control in an information system?
Answer
\u00a0
\u00a0Automated reports to management that specifically identify delinquent receivable.
\u00a0
\u00a0A requirement that salaried employees submit written requests to work overtime.
\u00a0
\u00a0Assurance from top management that computer centers are kept locked.
\u00a0
\u00a0The employment of trustworthy people to enter data into the information system<\/p>\n

Question 9
\u00a0
Which of following is not part of the ethical framework derived from utilitarianism and rights theories?
Answer
\u00a0
\u00a0Identification of the legal issues.
\u00a0
\u00a0Determination of affected parties and their rights.
\u00a0
\u00a0Determination of the most important rights.
\u00a0
\u00a0Development of alternative courses of action.<\/p>\n

Question 10
\u00a0
In determining the types of activities, engagements and interactions an auditor should have with a client, what must the CPA and the audit firm do?
Answer
\u00a0
\u00a0Follow the rules exactly as they are written.
\u00a0
\u00a0Assess all of their relationships with every client to ensure that independence is intact.
\u00a0
\u00a0Focus on client satisfaction above all other considerations.
\u00a0
\u00a0Realize that ethics are only guidelines and a matter of personal judgment<\/p>\n

Question 11
\u00a0
Which of the following is not an aspect of Rule 201 of the General Standards of the Code of Professional Conduct?
Answer
\u00a0
\u00a0A member must not take on an engagement that is beyond the member’s professional competence.
\u00a0
\u00a0A member must exercise duties prudently and professionally.
\u00a0
\u00a0A member must adequately plan and supervise the performance of professional services.
\u00a0
\u00a0A member firm must not advertise services to competing clients<\/p>\n

Question 12
\u00a0
Which of the following represents a situation in which auditors may disclose client information to outside parties?
Answer
\u00a0
\u00a0Bringing working papers to a professional CPA workshop as an example of quality work.
\u00a0
\u00a0Complying with a validly issued and enforceable subpoena or summons.
\u00a0
\u00a0Showing the client\u2019s bank statement to a neighbor who is a shareholder to emphasize its cash position.
\u00a0
\u00a0Explaining to the local television news station why the client is likely to miss payroll in the forthcoming periods.<\/p>\n

Question 13
\u00a0
The significance of the bill of lading is to provide which of the following?
Answer
\u00a0
\u00a0The warehouse personnel with the product that must be shipped to customers.
\u00a0
\u00a0Invoices to customers for proper collection.
\u00a0
\u00a0A credit application for customer approval.
\u00a0
\u00a0Evidence of title transfer of goods to customers<\/p>\n

Question 14
\u00a0
A control that may be implemented to ensure all sales that occur are recorded in the general ledger includes which of the following?
Answer
\u00a0
\u00a0Use of prenumbered shipping, invoice and sales documents.
\u00a0
\u00a0Use of prenumbered statements, inventory lists and credit memos.
\u00a0
\u00a0Reconciliation of invoices with customer statements.
\u00a0
\u00a0Use of pre-authorized price lists<\/p>\n

Question 15
\u00a0
The relationship between the sales cycle and an inventory system can best be noted in which of the following examples?
Answer
\u00a0
\u00a0Credit is established prior to completion of a sales order.
\u00a0
\u00a0Invoices are sent to customers only after shipment is evidenced.
\u00a0
\u00a0Availability of products ordered are verified prior to processing a sale.
\u00a0
\u00a0Billing information is added to the database for new customers.<\/p>\n

Question 16
\u00a0
The aged accounts receivable report is utilized by the auditor to accomplish which of the following?
Answer
\u00a0
\u00a0Encourage the client to collect on receivables that are long past due.
\u00a0
\u00a0Select the type of confirmations that will be sent to banks.
\u00a0
\u00a0Assess the adequacy of the allowance for doubtful accounts.
\u00a0
\u00a0Identify debits in the receivables balance that should be reclassified to payables.<\/p>\n

Question 17
\u00a0
All of the following are recommended features of a fire protection system for a computer center except
Answer
\u00a0
\u00a0clearly marked exits
\u00a0
\u00a0an elaborate water sprinkler system
\u00a0
\u00a0manual fire extinguishers in strategic locations
\u00a0
\u00a0automatic and manual alarms in strategic locations<\/p>\n

Question 18
\u00a0
Inherent risk
Answer
\u00a0
\u00a0exists because all control structures are flawed in some ways.
\u00a0
\u00a0is the likelihood that material misstatements exist in the financial statements of the firm.
\u00a0
\u00a0is associated with the unique characteristics of the business or industry of the client.
\u00a0
\u00a0is the likelihood that the auditor will not find material misstatements<\/p>\n

Question 19
\u00a0
The following are examples of commodity assets except
Answer
\u00a0
\u00a0network management
\u00a0
\u00a0systems operations
\u00a0
\u00a0systems development
\u00a0
\u00a0server maintenance<\/p>\n

Question 20
\u00a0
Tests of controls include
Answer
\u00a0
\u00a0confirming accounts receivable
\u00a0
\u00a0counting inventory
\u00a0
\u00a0completing questionnaires
\u00a0
\u00a0counting cash<\/p>\n

Question 21
\u00a0
Which is a common method of providing executive compensation by allowing top management to purchase stock at a fixed share price?
Answer
\u00a0
\u00a0Stock splits
\u00a0
\u00a0Arbitrage
\u00a0
\u00a0Dividends
\u00a0
\u00a0Stock options<\/p>\n

Question 22
\u00a0
Which legislation led to the establishment of the Public Company Accounting Oversight Board?
Answer
\u00a0
\u00a0Private Securities Litigation Reform Act
\u00a0
\u00a0Sarbanes-Oxley Act
\u00a0
\u00a0Gramm-Leach-Bliley Act
\u00a0
\u00a0Glass-Steagall Act<\/p>\n

Question 23
\u00a0
_______ is a performance evaluation method that focuses on both financial and nonfinancial
indicators of performance such as customer satisfaction.
Answer
\u00a0
\u00a0360 degree survey
\u00a0
\u00a0Critical incidents method
\u00a0
\u00a0Balance scorecard
\u00a0
\u00a0Pareto chart<\/p>\n

Question 24
\u00a0
Which of the following applies to a \u201ccookie jar?\u201d
Answer
\u00a0
\u00a0Understated accounts payable
\u00a0
\u00a0Overstated current assets
\u00a0
\u00a0Overstated reserves
\u00a0
\u00a0Recording fictitious revenues<\/p>\n

Question 25
\u00a0
In asset fraud, assets are most often:
Answer
\u00a0
\u00a0understated.
\u00a0
\u00a0overstated.
\u00a0
\u00a0recorded as liabilities.
\u00a0
\u00a0recorded as revenues.<\/p>\n

\u00a0<\/p>\n

\u00a0<\/p>\n

VERSION 2<\/p>\n

\u00a0<\/p>\n

\u00a0<\/p>\n

Which assertion addresses whether the financial statements items are properly classified in the financial statements? Answer <\/span><\/p>\n

\u00a0<\/p>\n\n\n\n\n\n\n
\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

Completeness. <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

Existence. <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

Valuation. <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

Presentation and Disclosure. <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\u00a0<\/p>\n

\u00a0 <\/span><\/p>\n

\u00a0<\/p>\n

The Standards of the PCAOB can be broken up into three categories, i.e., general, fieldwork, and reporting. Which of the following is considered in the fieldwork standards? Answer <\/span><\/p>\n

\u00a0<\/p>\n\n\n\n\n\n\n
\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

Independence. <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

GAAP. <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

Internal control. <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

Disclosure. <\/span><\/span><\/p>\n

\u00a0 <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\u00a0<\/p>\n

Which of the following is a reason why an auditor needs an understanding of internal controls? Answer <\/span><\/p>\n

\u00a0<\/p>\n\n\n\n\n\n\n
\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

To provide individual comments on internal control non-compliance. <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

To become comfortable that the client will pay its audit bills. <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

To assess materiality. <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

To assess the risk of possible misstatements in the financial statements. <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\u00a0<\/p>\n

\u00a0<\/span><\/p>\n

\u00a0<\/p>\n

The PCAOB\u2019s AS No. 5 states that internal controls may be preventive or detective.
Which of the following controls is preventive? Answer <\/span><\/p>\n

\u00a0<\/p>\n\n\n\n\n\n\n
\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

Requiring two persons to open mail containing payments. <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

Reconciling the accounts receivable subsidiary file with the control account. <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

Using batch totals. <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

Preparing bank reconciliations. <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\u00a0<\/p>\n

\u00a0 <\/span><\/p>\n

\u00a0<\/p>\n

How can an auditor use inquiry to gain a better understanding of internal controls? Answer <\/span><\/p>\n

\u00a0<\/p>\n\n\n\n\n\n\n
\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

By interviewing key employees to gain further insight into the internal control environment. <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

By observing the safeguarding of assets by checking locked doors and safes. <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

By tracing a transaction from the boundary of the organization through to the final reporting. <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

By documenting thoroughly the internal control through the use of narratives <\/span><\/span><\/p>\n

\u00a0 <\/span><\/span><\/p>\n

Which one of the following components of the system of internal controls influences the tone for the organization?Answer <\/span><\/span><\/p>\n\n\n\n\n\n\n
\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

Control risk assessment. <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

Control environment. <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

Information and communication. <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

Monitoring. <\/span><\/span><\/p>\n

\u00a0 <\/span><\/span><\/p>\n

\u00a0<\/span><\/span><\/p>\n

\u00a0<\/span><\/span><\/p>\n

Which of the following is not part of the control environment?Answer <\/span><\/span><\/p>\n\n\n\n\n\n\n
\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

Management philosophy and operating style. <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

Methods of assigning authority and responsibility. <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

Personnel policies and practices. <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

Control activities. <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\u00a0<\/p>\n

\u00a0<\/span><\/p>\n

\u00a0<\/p>\n

A member of the AICPA must safeguard the confidentiality of client information. Which of the following is not a valid reason to disclose information to non-clients? Answer <\/span><\/p>\n

\u00a0<\/p>\n\n\n\n\n\n\n
\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

To discuss information relating to inadequate disclosure in an audit report. <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

To comply with a validly issued and enforceable subpoena or summons. <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

To accommodate the review of client audit work papers under AICPA, PCAOB, or State Board of Accountancy authority. <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

To explain to members of the press whether a client is likely to miss payroll in the forthcoming periods. <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\u00a0<\/p>\n

\u00a0 <\/span><\/p>\n

\u00a0<\/p>\n

In determining auditor independence, the SEC considers which of the following as an independence impairment? Answer <\/span><\/p>\n

\u00a0<\/p>\n\n\n\n\n\n\n
\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

An auditor performs the accounting work and then audits it. <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

An auditor has no conflicting interest with the client. <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

An auditor does not act as an advocate for the audit client. <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

An auditor does not act as an employee of the audit client. <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\u00a0<\/p>\n


Which of following is not required by Rule 201? Answer <\/span><\/p>\n

\u00a0<\/p>\n\n\n\n\n\n\n
\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

Professional competency. <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

Integrity and objectivity. <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

Planning and supervision. <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

Gathering sufficient relevant data. <\/span><\/span><\/p>\n

\u00a0 <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\u00a0<\/p>\n

\u00a0Which of the following is the best example of the control objective in the revenue cycle that all transactions are recorded accurately? Answer <\/span><\/p>\n

\u00a0<\/p>\n\n\n\n\n\n\n
\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

Sales are recorded at the invoice price expected to be collected from customers. <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

Sales orders have sequential numbering. <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

Recorded sales transactions are evidenced by valid invoices and shipping documents. <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

Credits to customer accounts are classified as liabilities. <\/span><\/span><\/p>\n

\u00a0 <\/span><\/span><\/p>\n

\u00a0<\/span><\/span><\/p>\n

Completeness of revenues may be tested by the auditor through the selection of a sample of which of the following?Answer <\/span><\/span><\/p>\n\n\n\n\n\n\n
\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

Shipping documents and tracing them to the sales journal. <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

Accounts receivable and tracing them to cash receipts. <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

Recorded sales transactions and tracing them to the general ledger. <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

Inventory records and tracing them to the shipping documents. <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\u00a0<\/p>\n

\u00a0<\/span><\/p>\n

\u00a0<\/p>\n

What evidence is utilized by the auditor for analytical purposes in substantiating the completeness of the allowance for bad debt estimate? Answer <\/span><\/p>\n

\u00a0<\/p>\n\n\n\n\n\n\n
\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

Accounts receivable aging schedule. <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

Copies of checks received from customers. <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

Confirmations returned without exception. <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

Stock prices of customer companies. <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\u00a0<\/p>\n

Which of the following processes are included in the revenue cycle? Answer <\/span><\/p>\n

\u00a0<\/p>\n\n\n\n\n\n\n
\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

Shipping products to customers. <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

Sending disbursements to suppliers. <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

Issuance of capital stock. <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

Preparation of a time card. <\/span><\/span><\/p>\n

\u00a0 <\/span><\/span><\/p>\n

The fundamental difference between internal and external auditing is thatAnswer <\/span><\/span><\/p>\n\n\n\n\n\n\n
\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

internal auditors represent the interests of the organization and external auditors represent outsiders <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

internal auditors perform IT audits and external auditors perform financial statement audits <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

internal auditors focus on financial statement audits and external auditors focus on operational audits and financial statement audits <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

external auditors assist internal auditors but internal auditors cannot assist external auditors <\/span><\/span><\/p>\n

\u00a0 <\/span><\/span><\/p>\n

\u00a0<\/span><\/span><\/p>\n

When planning the audit, information is gathered by all of the following methods exceptAnswer <\/span><\/span><\/p>\n\n\n\n\n\n\n
\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

completing questionnaires <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

interviewing management <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

observing activities <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

confirming accounts receivable <\/span><\/span><\/p>\n

\u00a0 <\/span><\/span><\/p>\n

\u00a0<\/span><\/span><\/p>\n

Which is the most critical segregation of duties in the centralized computer services function?Answer <\/span><\/span><\/p>\n\n\n\n\n\n\n
\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

systems development from data processing <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

data operations from data librarian <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

data preparation from data control <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

data control from data librarian <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

The least important item to store off-site in case of an emergency isAnswer <\/span><\/span><\/p>\n\n\n\n\n\n\n
\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

backups of systems software <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

backups of application software <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

documentation and blank forms <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

results of the latest test of the disaster recovery program <\/span><\/span><\/p>\n

\u00a0 <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Understanding a company’s relationships with financial institutions and bondholders is important because:Answer <\/span><\/span><\/p>\n\n\n\n\n\n\n
\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

it can indicate the extent to which the company is leveraged. <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

it can reveal whether significant short selling of the company\u2019s stock has occurred. <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

it can uncover the fraudulent transactions from special purpose entities. <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

it may help in raising additional funds from the financial institutions. <\/span><\/span><\/p>\n

\u00a0 <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\u00a0<\/p>\n

______ refers to the ability to anticipate a fraud perpetrator\u2019s likely method of concealing a fraud. Answer <\/span><\/p>\n

\u00a0<\/p>\n\n\n\n\n\n\n
\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

Zero-order reasoning <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

Deductive reasoning <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

Strategic reasoning <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

Low-order reasoning <\/span><\/span><\/p>\n

\u00a0 <\/span><\/span><\/p>\n

\u00a0<\/span><\/span><\/p>\n

While generally accepted accounting principles do allow flexibility, standards of _________, ________, and ________ must always prevail in the financial statements.Answer <\/span><\/span><\/p>\n\n\n\n\n\n\n
\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

subjectivity; integrity; validation <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

objectivity; integrity; judgement <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

recording; reporting; accounting <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

quality; excellence; and judgement <\/span><\/span><\/p>\n

\u00a0 <\/span><\/span><\/p>\n

\u00a0 <\/span><\/span><\/p>\n

\u00a0 <\/span><\/span><\/p>\n

\u00a0 <\/span><\/span><\/p>\n

\u00a0 <\/span><\/span><\/p>\n

Recognizing unearned revenue as earned revenue is an example of which type of fraud?Answer <\/span><\/span><\/p>\n\n\n\n\n\n\n
\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

Liability understatement <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

Revenue understatement <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

Cost of goods sold understatement <\/span><\/span><\/p>\n<\/td>\n<\/tr>\n

\n

[removed]<\/span><\/p>\n<\/td>\n

\u00a0<\/td>\n\n

Assets overstatement <\/span><\/span><\/p>\n

\u00a0<\/span><\/span><\/p>\n

\u00a0<\/span><\/span><\/p>\n

\u00a0<\/p>\n

<\/span><\/p>\n

\u00a0<\/p>\n

<\/span><\/span><\/p>\n

\u00a0<\/p>\n

<\/span><\/span><\/p>\n

The proper supervision of audit assistants is a requirement found in which section of the Generally Accepted Auditing Standards?\u00a0
A.\u00a0General Standards.
B.<\/span>\u00a0Standards of Fieldwork.
C.\u00a0Standards of Reporting.
D.\u00a0Standards of Quality Control.<\/span><\/p>\n

<\/span><\/span><\/p>\n

\u00a0<\/p>\n

<\/span><\/span><\/p>\n

Rather than keeping the ten standards, what did the AICPA develop? <\/span><\/span><\/p>\n

<\/span><\/span><\/p>\n

\u00a0<\/p>\n

<\/span><\/span><\/p>\n

Answer <\/span><\/span><\/p>\n

<\/span><\/span><\/p>\n

\u00a0<\/p>\n

<\/span><\/span><\/p>\n

Seven Standards. <\/span><\/span><\/p>\n

<\/span><\/span><\/p>\n

\u00a0<\/p>\n

<\/span><\/span><\/p>\n

Seven Concepts. <\/span><\/span><\/p>\n

<\/span><\/span><\/p>\n

\u00a0<\/p>\n

<\/span><\/span><\/p>\n

Seven Fundamental Principles. <\/span><\/span><\/p>\n

<\/span><\/span><\/p>\n

\u00a0<\/p>\n

<\/span><\/span><\/p>\n

Seven Governing Principles<\/span><\/span><\/p>\n

<\/span><\/span><\/p>\n

\u00a0<\/p>\n

<\/span><\/span><\/p>\n

Which of the following services does the PCAOB require auditors of public companies to perform?\u00a0
A.\u00a0A financial statement audit and an attest audit.
B.\u00a0A financial statement audit and an assurance audit.
C.\u00a0A financial statement audit and agreed upon procedures.
D.<\/span>\u00a0A financial statement audit and an examination of the effectiveness of internal controls.<\/span><\/p>\n

<\/span><\/span><\/p>\n

\u00a0<\/p>\n

<\/span><\/span><\/p>\n

The PCAOB\u2019s AS No. 5 states that internal controls may be preventive or detective. Which of the following controls is preventive? <\/span><\/span><\/p>\n

<\/span><\/span><\/p>\n

\u00a0<\/p>\n

<\/span><\/span><\/p>\n

Answer <\/span><\/span><\/p>\n

<\/span><\/span><\/p>\n

\u00a0<\/p>\n

<\/span><\/span><\/p>\n

Requiring two persons to open mail containing payments. <\/span><\/span><\/p>\n

<\/span><\/span><\/p>\n

\u00a0<\/p>\n

<\/span><\/span><\/p>\n

Reconciling the accounts receivable subsidiary file with the control account. <\/span><\/span><\/p>\n

<\/span><\/span><\/p>\n

\u00a0<\/p>\n

<\/span><\/span><\/p>\n

Using batch totals. <\/span><\/span><\/p>\n

<\/span><\/span><\/p>\n

\u00a0<\/p>\n

<\/span><\/span><\/p>\n

Preparing bank reconciliations.<\/span><\/span><\/p>\n

<\/span><\/span><\/p>\n

\u00a0<\/p>\n

<\/span><\/span><\/p>\n

\u00a0<\/span><\/span><\/p>\n

<\/span><\/span><\/p>\n

\u00a0<\/p>\n

<\/span><\/span><\/p>\n

Which of the following documents will an auditor use to demonstrate an understanding of internal control? <\/span><\/span><\/p>\n

<\/span><\/span><\/p>\n

\u00a0<\/p>\n

<\/span><\/span><\/p>\n

Answer<\/span><\/span><\/p>\n

<\/span><\/span><\/p>\n

\u00a0<\/p>\n

<\/span><\/span><\/p>\n

\u00a0<\/span>Checklists, disclosures and procedures.<\/span><\/span><\/p>\n

<\/span><\/span><\/p>\n

\u00a0<\/p>\n

<\/span><\/span><\/p>\n

\u00a0<\/span>the audit report, internal control opinions and confirmations. <\/span><\/span><\/p>\n

<\/span><\/span><\/p>\n

\u00a0<\/p>\n

<\/span><\/span><\/p>\n

Workpapers, engagement letters and management representation letters. <\/span><\/span><\/p>\n

<\/span><\/span><\/p>\n

\u00a0<\/p>\n

<\/span><\/span><\/p>\n

Questionnaires, narratives and flowcharts.<\/span><\/span><\/p>\n

<\/span><\/span><\/p>\n

\u00a0<\/p>\n

<\/span><\/span><\/p>\n

\u00a0<\/span><\/p>\n

<\/span><\/span><\/p>\n

\u00a0<\/p>\n

<\/span><\/span><\/p>\n

An audit firm is considered independent even if it performs which of the following services for a publicly traded audit client? <\/span><\/span><\/p>\n

<\/span><\/span><\/p>\n

\u00a0<\/p>\n

<\/span><\/span><\/p>\n

Answer Serving as a member of the client\u2019s board of directors. <\/span><\/span><\/p>\n

<\/span><\/span><\/p>\n

\u00a0<\/p>\n

<\/span><\/span><\/p>\n

Determining which accounting policies will be adopted by the client.<\/span><\/span><\/p>\n

<\/span><\/span><\/p>\n

\u00a0<\/p>\n

<\/span><\/span><\/p>\n

\u00a0<\/span>Accounting information system design and implementation. <\/span><\/span><\/p>\n

<\/span><\/span><\/p>\n

\u00a0<\/p>\n

<\/span><\/span><\/p>\n

Tax return preparation as approved by the board of directors.<\/span><\/span><\/p>\n

<\/span><\/span><\/p>\n

\u00a0<\/p>\n

<\/span><\/span><\/p>\n

Which of the following represents a situation in which an auditor is independent of the client?\u00a0<\/span><\/p>\n

<\/span><\/span><\/p>\n

\u00a0<\/p>\n

<\/span><\/span><\/p>\n

A.<\/span>\u00a0The auditor is paid by the client organization rather than the SEC.
B.\u00a0The auditor takes a personal loan from the president of the company.
C.\u00a0The auditor\u2019s dependent son holds 25 shares of the client\u2019s common stock.
D.\u00a0The auditor has not received payment for the previous audit services.<\/span><\/p>\n

<\/span><\/span><\/p>\n

\u00a0<\/p>\n

<\/span><\/span><\/p>\n

\u00a0<\/span><\/span><\/p>\n

<\/span><\/span><\/p>\n

\u00a0<\/p>\n

<\/span><\/span><\/p>\n

Calculating the turnover of receivables is often used in testing the sales cycle by auditors when performing which of the following?\u00a0
A.\u00a0Trend analysis.
B.<\/span>\u00a0Ratio analysis.
C.\u00a0Reasonableness testing.
D.\u00a0Non-statistical sampling.<\/span><\/p>\n

<\/span><\/span><\/p>\n

\u00a0<\/p>\n

<\/span><\/span><\/p>\n

\u00a0<\/span><\/p>\n

<\/span><\/span><\/p>\n

\u00a0<\/p>\n

<\/span><\/span><\/p>\n

Which of the following must exist prior to the recognition of revenue by a company from the sale of a product?\u00a0
A.\u00a0The cash is realized on the sale of the product.
B.\u00a0A price is discussed based upon the customer’s resale of the product.
C.\u00a0The customer is given the option to return the product at any time.
D.<\/span>\u00a0The product is adequately delivered to the customer.<\/span><\/p>\n

<\/span><\/span><\/p>\n

\u00a0<\/p>\n

<\/span><\/span><\/p>\n

\u00a0<\/span><\/p>\n

<\/span><\/span><\/p>\n

\u00a0<\/p>\n

<\/span><\/span><\/p>\n

Much of the understanding of revenue transactions for compliance with GAAP can be performed by accomplishing which of the following tasks?\u00a0
A.<\/span>\u00a0Examining sales contracts and inquiry of management.
B.\u00a0Confirming sales with customers.
C.\u00a0Discussing the transactions with qualified members of the Financial Accounting Standards Board.
D.\u00a0Comparing shipping documents with invoices.<\/span><\/p>\n

<\/span><\/span><\/p>\n

\u00a0<\/p>\n

<\/span><\/span><\/p>\n

All of the following tests of controls will provide evidence about the physical security of the computer center except<\/span><\/p>\n

<\/span><\/span><\/p>\n

\u00a0<\/p>\n

<\/span><\/span><\/p>\n\n\n\n\n\n\n
\n

a.<\/span><\/p>\n<\/td>\n

\n

review of fire marshal records<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

b.<\/span><\/p>\n<\/td>\n

\n

review of the test of the backup power supply<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

c.<\/span><\/p>\n<\/td>\n

\n

verification of the second site backup location<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

d.<\/span><\/p>\n<\/td>\n

\n

observation of procedures surrounding visitor access to the computer center<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/span><\/span><\/p>\n

\u00a0<\/p>\n

<\/span><\/span><\/p>\n

\u00a0<\/span><\/p>\n

<\/span><\/span><\/p>\n

\u00a0<\/p>\n

<\/span><\/span><\/p>\n

\u00a0<\/span><\/p>\n

<\/span><\/span><\/p>\n

\u00a0<\/p>\n

<\/span><\/span><\/p>\n

A cold site backup approach is also known as<\/span><\/p>\n

<\/span><\/span><\/p>\n

\u00a0<\/p>\n

<\/span><\/span><\/p>\n\n\n\n\n\n\n
\n

a.<\/span><\/p>\n<\/td>\n

\n

internally provided backup<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

b.<\/span><\/p>\n<\/td>\n

\n

recovery operations center<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

c.<\/span><\/p>\n<\/td>\n

\n

empty shell<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

d.<\/span><\/p>\n<\/td>\n

\n

mutual aid pact<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/span><\/span><\/p>\n

\u00a0<\/p>\n

<\/span><\/span><\/p>\n

\u00a0<\/span><\/p>\n

<\/span><\/span><\/p>\n

\u00a0<\/p>\n

<\/span><\/span><\/p>\n

The following are examples of specific assets except<\/span><\/p>\n

<\/span><\/span><\/p>\n

\u00a0<\/p>\n

<\/span><\/span><\/p>\n

\u00a0<\/span><\/p>\n

<\/span><\/span><\/p>\n

\u00a0<\/p>\n

<\/span><\/span><\/p>\n

a.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span>application maintenance<\/span><\/p>\n

<\/span><\/span><\/p>\n

\u00a0<\/p>\n

<\/span><\/span><\/p>\n

b.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span>data warehousing<\/span><\/p>\n

<\/span><\/span><\/p>\n

\u00a0<\/p>\n

<\/span><\/span><\/p>\n

c.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span>highly skilled employees<\/span><\/p>\n

<\/span><\/span><\/p>\n

\u00a0<\/p>\n

<\/span><\/span><\/p>\n

d.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span>server maintenance<\/span><\/p>\n

<\/span><\/span><\/p>\n

\u00a0<\/p>\n

<\/span><\/span><\/p>\n

\u00a0<\/span><\/p>\n

<\/span><\/span><\/p>\n

\u00a0<\/p>\n

<\/span><\/span><\/p>\n

According to study of financial statement frauds by the Committee of Sponsoring Organizations (COSO), who is the most common perpetrator of financial statement fraud?\u00a0
A.<\/span>\u00a0Chief Executive Officer
B.\u00a0Chief Financial Officer
C.\u00a0Chief Operating Officer
D.\u00a0Finance Controller<\/span><\/p>\n

<\/span><\/span><\/p>\n

\u00a0<\/p>\n

<\/span><\/span><\/p>\n

\u00a0<\/span><\/p>\n

<\/span><\/span><\/p>\n

\u00a0<\/p>\n

<\/span><\/span><\/p>\n

Inadequate disclosure occurs when:\u00a0
A.\u00a0a company attempts to overstate assets to make their financial position look better.
B.<\/span>\u00a0management makes statements that are wrong in its annual report or any other media.
C.\u00a0assets are not written down to their appropriate values because insufficient depreciation is recorded.
D.\u00a0a company understates its liabilities and overstates its revenues and net income.<\/span><\/p>\n

<\/span><\/span><\/p>\n

\u00a0<\/p>\n

<\/span><\/span><\/p>\n

When accounts receivable are overstated, revenues are overstated. Similarly, when inventory is overstated, cost of goods sold is usually _________.\u00a0
A.\u00a0overstated
B.\u00a0unchanged
C.\u00a0inadequate
D.<\/span>\u00a0understated<\/span><\/p>\n

<\/span><\/span><\/p>\n

\u00a0<\/p>\n

<\/span><\/span><\/p>\n

\u00a0<\/span><\/p>\n

<\/span><\/span><\/p>\n

\u00a0<\/p>\n

<\/span><\/span><\/p>\n

\u00a0<\/p>\n

\u00a0<\/p>\n

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ACC 599 FINAL EXAM. two versions posted NOTE: PLEASE IF SOME OF YOUR QUESTIONS ARE DIFFERENT FROM THIS PLEASE MESSAGE ME I WILL PROVIDE ANSWER FOR YOU FOR FREE OR MESSAGE ME FIRST TO MAKE SURE I AM ONLINE BEFORE YOU START Question 1 \u00a0 The first general standard of the PCAOB requires that an […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[],"class_list":["post-27688","post","type-post","status-publish","format-standard","hentry","category-education"],"_links":{"self":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts\/27688","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/comments?post=27688"}],"version-history":[{"count":0,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts\/27688\/revisions"}],"wp:attachment":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/media?parent=27688"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/categories?post=27688"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/tags?post=27688"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}