WORD
PROCESSING
EXERCISE
Jimmy B. Imping
THE PURPOSE OF THE FOLLOWING
EXERCISES IS TO HELP YOU PRACTICE
THE COMMON FUNCTIONALITY WHICH
IS AVAILABLE IN THE WORD PROCESSING
RESPONSE AREA FOR BOTH APPLIED
SKILLS AND STRATEGIC PROFESSIONAL
COMPETENCIES.
Jimmy B. Imping
THE EXERCISES WILL TAKE YOU THROUGH A
SET OF EXAMPLES, STEP BY STEP, USING SOME
OF THE MAIN PIECES OF FUNCTIONALITY YOU
ARE LIKELY TO NEED IN THE EXAMS. THE
EXERCISES DO NOT ASSUME ANY
KNOWLEDGE OF THIS TOPIC; INSTEAD THEY
ARE DESIGNED FOR YOU TO PRACTICE HOW
TO USE THE WORD PROCESSING RESPONSE
AREA.
Jimmy B. Imping
LEARNING OUTCOMES:
OVER THE COURSE OF COMPLETING, YOU
WILL PRACTICE AND GAIN SKILLS IN THE
FOLLOWING AREAS:
• INPUTTING TEXT AND CARRYING OUT BASIC
FORMATTING
• INPUTTING AND FORMATTING TABLES
• INTERACTING WITH PRE-FORMATTED
RESPONSE AREAS.
STEP 1: OPEN UP A WORD
PROCESSING
Exercise 1
STEP 1 OPEN UP A WORD
PROCESSING
Exercise 1
STEP 2: TYPE THE
FOLLOWING PARAGRAPHS
INTO THE WORD
PROCESSING SHEET
Exercise 1
Auditor’s risk and its components
Auditor’s risk is the risk that the auditor expresses an inappropriate audit opinion when the financial
statements are materially misstated. Auditor’s risk is a function of two main components being; the risks of
material misstatement and detection risk.
Detection is the risk that the procedures performed by the auditor to reduce auditor’s risk to an acceptably
low level will not detect a misstatement which exists and which could be material, either individually or
when aggregated with other misstatements. Detection risk is affected by sampling and non-sampling risk.
Risk of material misstatement is made up of two components; inherent risk and control risk. Inherent risk is
the susceptibility of an assertion about a class of transaction, account balance or disclosure to a
misstatement which could be material, either individually or when aggregated with other misstatements,
before consideration of any related controls. Control risk is the risk that a misstatement which could occur
in an assertion about a class of transaction, account balance or disclosure and which could be material,
either individually or when aggregated with other misstatements, will not be prevented, or detected and
corrected, on a timely basis by the entity’s internal control.
FORMATTING EXERCISE
LET’S DO SOME FORMATTING TO
IMPROVE THE LAYOUT AND CONTENT
OF THE ANSWER. STEP BY STEP
INSTRUCTIONS ARE DETAILED AS
FOLLOWS:
FORMATTING EXERCISE
EXERCISE 1
YOU ARE REQUIRED TO
CARRY OUT THE
FOLLOWING
AMENDMENTS :
FORMATTING EXERCISE
1. FORMAT THE HEADING
‘AUDITOR’S RISK AND ITS
COMPONENTS’ TO
PARAGRAPH STYLE ‘HEADING
4’ AND CENTRE THE HEADING
FORMATTING EXERCISE
2. USING CUT AND PASTE,
MOVE PARAGRAPH TWO TO
THE END OF THE DOCUMENT
FORMATTING EXERCISE
3. INSERT A HEADING ABOVE
PARAGRAPH TWO – RISKS OF
MATERIAL MISSTATEMENT –
AND MAKE THE HEADING
BOLD AND CENTRE
FORMATTING EXERCISE
4. INSERT A HEADING ABOVE
PARAGRAPH THREE –
DETECTION RISK – AND MAKE
THE HEADING BOLD AND
CENTRE
FORMATTING EXERCISE
5. INSERT BULLET POINTS TO
CREATE A NUMBERED LIST
AGAINST RISK OF MATERIAL
MISSTATEMENT AND
INHERENT RISK IN THE FIRST
PARAGAPH
FORMATTING EXERCISE
6. AUDIT RISK HAS BEEN
INCORRECTLY REFERRED TO
AS AUDITOR’S RISK
THROUGHOUT, PERFORM A
‘FIND AND REPLACE’ TO
CORRECT THIS ERROR
