ACC 403 help A Guide to career/Snaptutorial ACC 403 help A Guide to career/Snaptutorial | Page 30
10. 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):
11. Recording, classifying, and summarizing economic events in a
logical manner for the purpose of providing financial information for
decision making is commonly called:
12. Which of the following services provides the lowest level of
assurance on a financial statement?
13. The most common way for users to obtain reliable information is
to:
14. An accountant:
15. Which of the following is not a SysTrust Services principle as
defined by the AICPA?
16. The "Principles Underlying an Audit in Accordance with
Generally Accepted Auditing Principles" provides a framework to
help auditors:
17. Statements on Standards for Accounting and Review Services
are issued by the:
18. Which of the following statements best describes the primary
purpose of Statements on Auditing Standards?
19. Which of the following are audit standards used in professional
practice by audit firms?
20. Standards issued by the Public Company Accounting Oversight
Board must be followed by CPAs who audit:
21. Which of the following is not one of the responsibilities of an
auditor under the principles underlying an audit?
22. Hansen Corporation's stock is listed on a national stock exchange
and registered with the Securities and Exchange Commission.
Hansen's management hires a CPA to perform an independent audit of
Hansen's financial statements. The primary objective of this audit is to
provide assurance to the:
23. 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?
24. The organization that is responsible for providing oversight for
auditors of public companies is called the ________.
25. The Public Company Accounting Oversight Board: