(Test Bank)Principles of Auditing and Other Assurance Services 20th Edition TBChap001

《(Test Bank)Principles of Auditing and Other Assurance Services 20th Edition TBChap001》由会员上传分享，免费在线阅读，更多相关内容在学术论文-天天文库。

1、Chapter01TheRoleofthePublicAccountantintheAmericanEconomy True/FalseQuestions 1.Independentauditsoftodayplacemoreemphasisonsamplingthandidtheauditsofthe19thcentury.  True    False 2.TheAmericanInstituteofCertifiedPublicAccountantsissuesCPAcertificatesandpermitsCPAstopractice.  T

2、rue    False 3.AcompanyiseitherauditedbytheGAOorinternalauditors,butnotboth.  True    False 4.TheSECdoesnotpassonthemeritsofthesecuritiesthatareregisteredwiththeagency.  True    False 1-44Copyright©2016McGraw-HillEducation.Allrightsreserved.Noreproductionordistributionwithoutthe

3、priorwrittenconsentofMcGraw-HillEducation.5.TheAmericanInstituteofCertifiedPublicAccountantshastheprimaryauthoritytoestablishaccountingstandards.  True    False 6.AnannualpeerreviewisarequirementoftheAICPA.  True    False 7.Manysmallcompanieselecttohavetheirfinancialstatementsre

4、viewedbyaCPAfirm,ratherthanincurthecostofanaudit.  True    False 8.StaffassistantsinCPAfirmsgenerallyareresponsibleforplanningandcoordinatingauditengagements.  True    False 9.TheSarbanes-OxleyActrequiresthatauditorsofcertainpubliclytradedcompaniesintheUnitedStatesperformaninteg

5、ratedauditthatincludesprovidingassuranceonboththefinancialstatementsandoncompliancewithlawsandregulations.  True    False 10.AuditingisfrequentlyonlyasmallpartofthepracticeoflocalCPAfirms.  True    False  1-44Copyright©2016McGraw-HillEducation.Allrightsreserved.Noreproductionord

6、istributionwithoutthepriorwrittenconsentofMcGraw-HillEducation.MultipleChoiceQuestions 11.Asummaryoffindingsratherthanassuranceismostlikelytobeincludedina(n):  A. Agreed-uponproceduresreport.B. Compilationreport.C. Examinationreport.D. Reviewreport. 12.TheStatementsonAuditingSta

7、ndardshavebeenissuedbythe:  A. AuditingStandardsBoard.B. FinancialAccountingStandardsBoard.C. SecuritiesandExchangeCommission.D. FederalBureauofInvestigation. 13.Theriskassociatedwithacompany'ssurvivalandprofitabilityisreferredtoas:  A. BusinessRisk.B. InformationRisk.C. Detecti

8、onRisk.D. ControlRisk. 1-44Copyright©2016McGraw