XYZ Corporation is having financial difficulties. Its CFO has ordered subordinates to pump up revenues artificially and hide that fact from the external auditor. If an internal auditor of XYZ intentionally misleads XYZ ' s outsider auditor from the ABC Accounting firm, the internal auditor has:
Question 5( AICPA. 080962REG-1B)
( NOTE: This is a CPAexcel simulated Exam Question, not AICPA licensed Material)
Duncan, an accounting firm, is auditing Alchemy Inc. Regarding commissions and referral fees, which of the following arrangements would be permissible?
Question 6
A CPA who is not in public practice is obligated to follow which of the following rules of conduct?
Question 7
Under the Statements on Standards for Consulting Services, which of the following statements best reflects a CPA ' s responsibility when undertaking a consulting services engagement?
The CPA must Question 8
Under the Code of Professional Conduct of the AICPA, which of the following is required to be independent in fact and appearance when discharging professional responsibilities?
Question 9
Locke, CPA, was engaged to perform an audit for Vorst Co. During the audit, Locke discovered that Vorst ' s inventory contained stolen