1. A procedure that involves tracing a transaction from origination through the company’s information systems until it is reflected in the company’s financial report is referred to as a(n): a.      ...

1. A procedure that involves tracing a transaction from origination through the company’s information systems until it is reflected in the company’s financial report is referred to as a(n):

a.       Analytical analysis.

b.      Substantive test.

c.       Test of a control.

d.      Walk-through.

2. An audit of internal control over financial reporting ordinarily assesses internal control:

a.       As of the last day of the fiscal period.

b.       As of the last day of the auditor’s fieldwork.

c.       For the entire fiscal period. (4) For the entire period plus the period of the auditor’s fieldwork