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Normally the auditor is not permitted to divulge confidential
information obtained from a client. Which of the following
situations would be a violation of this requirement?
Question 8
A member of the AICPA must safeguard the confidentiality of
client information. Auditors, however, must disclose information
to non-clients for the following reasons except to:
Question 9
Which of the following is a preventive control?
Question 10
An accounting system that maintains an adequate audit trail is
implementing which internal control procedure?
Question 11
When duties cannot be segregated, the most important internal
control procedure is
Question 12
The concept of reasonable assurance suggests that
Question 13
The most cost-effective type of internal control is
Question 14
The fundamental difference between internal and external
auditing is that
Question 15
Substantive tests include
Question 16
The decision to extend credit beyond the normal credit limit is an
example of
Question 17
Control risk is
Question 18
Which of the following represent temporary book-tax
differences?
Question 19
North, Inc., earns book net income before tax of $500,000 in 2010.
In computing its book income, North deducts $50,000 more in
warranty expense for book purposes than allowed for tax
purposes. North has no other temporary or permanent