ACCT 444 Week 1 Quiz
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1 . ( TCO 3 ) The organization that is responsible for providing oversight for auditors of public companies is called the _____
2 . ( TCO 1 ) Which one of the following is not a field work standard ?
3 . ( TCO 1 ) Which of the following is not an example of the application of professional skepticism ?
4 . ( TCO 1 ) An operational audit has as one of its objectives to
5 . ( TCO 1 ) Which of the following services do not need to be preapproved by the audit committee of an issuer ?
6 . ( TCO 3 ) The concept of materiality would be least important to an auditor when considering the
7 . ( TCO 3 ) Independence in auditing means
8 . ( TCO 3 ) The financial interests of which of the following parties would not be included as a direct financial interest of the CPA ?
9 . ( TCO 1 ) The phrase U . S . generally accepted accounting principles is an accounting term that
10 . ( TCO 1 ) Which of the following items impairs independence under U . S . ethics standards but does not necessarily impair independence under the IFAC Code of Ethics for Professional Accountants ?
1 . ( TCO 3 ) The Sarbanes-Oxley Act applies to which of the following companies ? 2 . ( TCO 1 ) Which one of the following is not a field work standard ?