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