•Question 1
2 out of 2 points
Which of the following is not a SysTrust Services principle as defined by the AICPA?
•Question 2
2 out of 2 points
Which of the following is considered audit evidence?
•Question 3
2 out of 2 points
Any service that requires a CPA firm to issue a report about the reliability of an assertion that is made by another party is a(n):
•Question 4
2 out of 2 points
The most common way for users to obtain reliable information is to:
•Question 5
2 out of 2 points
In “auditing” financial accounting data, the primary concern is with:
•Question 6
2 out of 2 points
The Sarbanes-Oxley Act applies to which of the following companies?
•Question 7
2 out of 2 points
A correct relationship among the auditor, the client, and the external users is:
•Question 8
2 out of 2 points
________ risk reflects the possibility that the information upon which the business decision was made was inaccurate.
•Question 9
2 out of 2 points
The three requirements for becoming a CPA include all but which of the following?
•Question 10
2 out of 2 points
Three common types of attestation services are:
•Question 11
2 out of 2 points
Recording, classifying, and summarizing economic events in a logical manner for the purpose of providing financial information for decision making is commonly called:
•Question 12
2 out of 2 points
An accountant:
•Question 13
2 out of 2 points
Which of the following services provides the lowest level of assurance on a financial statement?
•Question 14
2 out of 2 points
One objective of an operational audit is to:
•Question 15
2 out of 2 points
The use of the Certified Public Accountant title is regulated by:
•Question 16
2 out of 2 points
In order to properly plan and perform an audit, an important fact for both the auditor and the client to understand is that:
•Question 17
2 out of 2 points
Which of the following statements best describes the primary purpose of Statements on Auditing Standards?
•Question 18
2 out of 2 points
The form that must be completed and filed with the Securities and Exchange Commission whenever a company experiences a significant event that is of interest to public investors is the:
•Question 19
2 out of 2 points
Historically auditing standards have been organized into three categories, including:
•Question 20
2 out of 2 points
Which of the following is not one of the responsibilities of an auditor under the principles underlying an audit?
•Question 21
2 out of 2 points
The legal right to perform audits is granted to a CPA firm by regulation of:
•Question 22
2 out of 2 points
The International Standards on Auditing (ISAs):
•Question 23
2 out of 2 points
The Public Company Accounting Oversight Board:
•Question 24
2 out of 2 points
The form that must be filed with the Securities and Exchange Commission whenever a company plans to issue new securities to the public is the:
•Question 25
2 out of 2 points
The “Principles Underlying an Audit in Accordance with Generally Accepted Auditing Principles” provides a framework to help auditors:
•Question 26
2 out of 2 points
Which of the following is an element of the CPA’s quality control system that should be considered in establishing its quality control policies and procedures?
•Question 27
2 out of 2 points
Statements on Standards for Accounting and Review Services are issued by the:
•Question 28
2 out of 2 points
When assessing the risk of material misstatements in the financial statements,
•Question 29
2 out of 2 points
Members of the Public Company Accounting Oversight Board are appointed and overseen by:
•Question 30
2 out of 2 points
The organization that is responsible for providing oversight for auditors of public companies is called the ________.
