- 1 Marks
AAA – Nov 2011 – L3 – SA – Q2 – Audit of Specialized Industries
Focuses on the key provision auditors should prioritize in insurance company audits.
Question
In conducting the audit of an insurance company, to which ONE of the following should the auditor pay special attention?
- A. Provision for depreciation
- B. Provision for unearned interest
- C. Provision for loan losses
- D. Provision for outstanding claims
- E. Provision for general reserve
Find Related Questions by Tags, levels, etc.
- Tags: Auditor Focus, Insurance Audit, Outstanding Claims, Provisions
- Level: Level 3
- Topic: Audit of Specialized Industries
- Series: NOV 2011
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