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Author Archives: Anonymous

Collections, Inc., is a firm that offers accounts receivable…

Collections, Inc., is a firm that offers accounts receivables billing and collection services to a variety of customers. Collections has inquired about hiring you as a service auditor, and you must reply to this inquiry. Excerpt from Bathko’s Response Thank you for allowing me to provide information about my services. The American Institute of Certified Public Accountants has established standards for System and Organization Controls (SOC) services that provide assurance over controls. Due to these high standards, this form of assurance is often requested by I will provide you with high quality services. The standards of my profession require me to be properly trained and I will perform a number of procedures to gather evidence to support my opinion. You will be required to provide me with information from your firm as I request it. Early in the engagement, I will ask you to Near the end of the engagement, I will request I can provide you with a SOC 1 Type 1report or a SOC 1 Type 2 report. A SOC 1 Type 2 report will provide your clients with assurance in the form of an opinion that the controls are  

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The following is taken from a SOC 1 report. Select from the…

The following is taken from a SOC 1 report. Select from the option list provided the most appropriate word or phrase.   Our examination was conducted in accordance with . Those standards require that we plan and perform the examination to obtain about whether, in all material respects, based on the criteria in management’s assertion, the description is fairly presented and the controls were to achieve the related control objectives stated in the description throughout the period 1/1/X1 to 12/31/X1. We believe that the evidence we obtained is to provide a reasonable basis for our opinion. An examination of a description of a service organization’s system and the suitability of the design and operating effectiveness of controls involves Performing to obtain evidence about the fairness of the presentation of the description and the suitability of the design and operating effectiveness of the controls to achieve the related control objectives stated in the description, based on the criteria in management’s assertion. Assessing the that the description is not fairly presented and that the controls were not suitably designed or operating effectively to achieve the related control objectives stated in the description Testing the of those controls that management considers necessary to provide reasonable assurance that the related control objectives stated in the description were achieved. Evaluating the overall of the description, suitability of the control objectives stated in the description, and suitability of the criteria specified by the service organization in its assertion.

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One of the major differences between how personality psychol…

One of the major differences between how personality psychologists working within the humanistic tradition and earlier traditions of the psychology of motivation is that the humanistic approach:

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American Olympic sprinter Michael Johnson was driven to beco…

American Olympic sprinter Michael Johnson was driven to become the first man in history to win both the 400 meter and 200 meter races at the Olympics. To prepare himself to compete, Michael used music and visual cues to increase his aggressiveness on the track. The internal state that arouses and directs Michael’s behavior toward his goal is best described as a:

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Irwin is very concerned with his reputation and status. He o…

Irwin is very concerned with his reputation and status. He often describes his genealogical connections to an early American president. He likes to be the center of attention in small groups, telling dramatic stories of his achievements and influence. Irwin is also likely to be most strongly motivated by:

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Which of the following is SUPPORTED by research regarding pe…

Which of the following is SUPPORTED by research regarding people’s truthfulness when filling out job applications?

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For the following paragraph describing SOC engagements, some…

For the following paragraph describing SOC engagements, some words or phrases have been replaced with numbers (e.g., [1], [2], etc.). Select from the option list provided the most appropriate word or phrase to replace the number.  All SOC services fall under the . They are a type of service that results in a CPA , which is the highest level of service by auditors. There are review services allowed. The differences in the three services result from of the CPA’s reports and the being examined.

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You just interviewed four candidates for the new position at…

You just interviewed four candidates for the new position at your company. You had the candidates take the B5 personality measure. Like most other hiring managers, in general, you’re most interested in extending an offer to:

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Larissa is a highly motivated student majoring in business….

Larissa is a highly motivated student majoring in business. She wants to be successful and feel competent in her future career. Because of Larissa’s high need for achievement, Larissa is most likely to prefer tasks with what level of difficulty?

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Who is most likely to find meaning and purpose in life?

Who is most likely to find meaning and purpose in life?

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