Answer The following questions? “auditing”.

– The answers most be clear.- Mention the reference for each answer.Answer The following questions:What are the opinions that can be issued by the auditor on the internal control report?What is a walkthrough of internal controls? What is its purpose?What are substantive tests? When are they used?What is the relationship between internal controls and substantive testing?List 4 ways in which internal controls can be limited or circumvented?What is a dual purpose test?List 10 terms that can be used when performing substantive tests, ex. Trace, review, etc.Give 2 examples of substantives tests for each of the following: Inventory, A/R, A/P and cash.PLEASE IF YOU CAN’T GIVE ME RIGHT AND CLEAR ANSWERS, DON’T TAKE IT.

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