ACC 576 TUTOR Great Stories /acc576tutor.com ACC 576 TUTOR Great Stories /acc576tutor.com | Page 21

An accountant's compilation report on a financial forecast should
include a statement that the
Question 2
When a CPA examines a client's projected financial statements, the
CPA's report should
Question 3
At a confidential meeting, an audit client informed a CPA about the
client's illegal insider-trading actions. A year later, the CPA was
subpoenaed to appear in federal court to testify in a criminal trial
against the client. The CPA was asked to testify to the meeting
between the CPA and the client.
After receiving immunity, the CPA should do which of the
following?
Question 4
(NOTE: This is a CPAexcel simulated Exam Question, not AICPA
licensed Material)
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