Free BEAC CPEA Exam Dumps Questions & Answers

Which one of the following is the source document for staff salaries?

• A.Vouchers
• B.Accounting statements
• C.Approved payrolls
• D.Cash memos

Section 3 of the General Principles Guideline (14010) requires that "the audit should only be undertaken if, after consultation with the client, it is the lead auditor's opinion that:"

• A.None of these
• B.There are adequate resources to support the audit process
• C.There are at least 10 members of audit team to support the audit process
• D.There is adequate time to support the audit process

An audit program can achieve a variety of objectives. Historically, in most companies, compliance assurance has been the principal objective, with other, secondary objectives evolving along the way. One company's programs include the following five objectives Except:

• A.Increase EH&S awareness and continuous learning by audited personnel and auditors
• B.Ensure division and facility compliance with federal, state, and local EH&S regulations and corporate policies and procedures
• C.Provide assurance of adequate EH&S performance and continuous improvement to the board of directors
• D.Ensure labor management accountability for correcting compliance deficiencies identified on audits

A well designed Internal Control Questionnaire (ICQ) should incorporate the following Except:

• A.Be organized by individual functional organizations
• B.Identity the internal control system's strengths and weaknesses
• C.Be a sufficient source of data for the evaluation of internal controls
• D.Should include simple yes or no responses but no narrative responses

The major advantage of a product audit compared to a system or process audit is:

• A.It's cheaper to perform
• B.It normally does not require a final report
• C.It focuses attention on the final product or service
• D.It can be performed away from the supplier's plant