WGU C251 ACCT 6201 Advanced Auditing OBJECTIVE ASSESSMENT GUIDE Q & S 2025/2026

1. Which of the following is a primary objective of forensic
auditing?
 a) To assess the accuracy of financial statements
 b) To detect and deter fraud
 c) To evaluate internal controls
 d) To provide tax consulting services
 Answer: b)
 Rationale: Forensic auditing specifically targets fraud
detection and prevention through detailed examination of
financial records.
2. What is the primary purpose of an internal audit
function?
 a) To provide assurance on financial statements
 b) To evaluate the effectiveness of risk management
processes
 c) To enhance the organization's profitability
 d) To facilitate tax compliance
 Answer: b)
 Rationale: Internal audits primarily assess the
effectiveness of the organization's risk management,
control, and governance processes.
3. Which auditing standard requires auditors to respond to
risks of material misstatement that are identified during
planning?
 a) ISA 300
 b) ISA 200
 c) ISA 315
 d) ISA 330