Audit Cpa Prep Study Guide Questions And Correct Answers

1. Shop Supervisor's reconciliation of total hours on the Employee Daily Job Report for Corey Andrew for July 12, 20X3, is compared to the {Ans: Daily Production Schedule, To account for all time worked, Total hours on Document #1 are the same as total hours on Document #2. The Shop Supervisor assigns employees production-order tasks to be performed on the Daily Production Schedule. At the end of the shift, the Shop Supervisor determines that employees have submitted Employee Daily Job Reports (also called job time tickets) to account for all time worked. The Employee Daily Job Report for Corey Andrew on July 12, 20X3, has time worked as 9 hours, from 7:30 a.m. to 5:30 p.m. with an hour for lunch. The Daily Production Schedule has time scheduled as 9 hours, from 7:30 a.m. to 5:30 p.m. with an hour for lunch. Therefore, the Employee Daily Job Report (Document #1) total hours are the same as the Daily Production Schedule (Document #2) total hours.}5. When filling out her time card, Sarah entered that she worked 400 hours during one week, but her input was not accepted. {Ans: Reasonableness test. Reasonableness tests are used to test quantities to determine