Following Are Five Cases (1-5)illustrating Different Types of Audit Engagements

question 17

Essay

Following are five cases (1-5)illustrating different types of audit engagements.In the space provided by each case,indicate the type of audit that would be conducted (H-M),the specific type of auditor who might perform the engagement (P-S),and the auditing standards that would probably apply for the engagement (W-Z).
Case 1.A CPA firm's review of the effectiveness of a federally supported unemployment training program.
Case 2.An audit of financial statements as part of a registration under the Securities Act of 1933.
Case 3.A review of the company's plant security to determine whether it is operating effectively.
Case 4.A review of the Human Resource Department's hiring practices.
Case 5.A study of how the Department of Defense could reduce costs from a competitive bid program. $\begin{array}{l}\begin{array}{lll}\text { Type of Audit } &\text { Type of Auditor } & \text { Audit Standards }\\\text { (H) Financial} & \text { (P) Independent CPA } & \text { (W) GAAS } \\\text { (I) Operational } & \text { (Q) Internal Auditor } & \text { (X) GAO } \\\text { (J) Compliance } & \text { (R) GAO Auditor } & \text { (Y) IIA } \\\text { (K) Performance } & \text { (S) Fraud Examiner } & \text { (Z) Assoeiation of Certified } \\& & \text { Fraud Examiners }\\\text { (L) Governance } & &\\\text { (M) Attestation }\end{array}\\\end{array}$ $$\begin{array} { | l | l | l | l | } \hline \text { Letter } & \text { Type of Audit } & \text { Type of Author } & \text { Auditing Standards } \\\hline \text { a. } & & & \\\hline \text { b. } & & & \\\hline \text { c. } & & & \\\hline \text { d. } & & & \\\hline \text { e. } & & & \\\hline\end{array}$$

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Definitions:

J1939

A standard for communication and diagnostics among vehicle components, primarily in the commercial vehicle industry, facilitating inter-system interoperability.

Volvo-Mack Chassis

A structural framework specific to Volvo-Mack trucks, designed to support the vehicle's engine, drivetrain, and other components.

MY 2014

MY 2014 stands for Model Year 2014, indicating the year a particular model of a vehicle was manufactured or introduced to the market.

Cash Flow

The net amount of cash being transferred into and out of a business, representing the company's liquidity over a certain period.