第13版SolutionARENSAuditing13eChapter 2.docx

第13版SolutionARENSAuditing13eChapter 2.docx

《第13版SolutionARENSAuditing13eChapter 2.docx》由会员分享，可在线阅读，更多相关《第13版SolutionARENSAuditing13eChapter 2.docx（22页珍藏版）》请在冰豆网上搜索。

第13版SolutionARENSAuditing13eChapter2

Chapter2

Multiple-ChoiceQuestions

1.

WhichoneofthefollowingisnotoneofthethreeGeneralStandards?

easy

a.Properplanningandsupervision.

a

b.Independenceofmentalattitude.

c.Adequatetrainingandproficiency.

d.Dueprofessionalcare.

2.

WhichoneofthefollowingisnotaFieldWorkStandard?

easy

a.Adequateplanningandsupervision.

b

b.Dueprofessionalcare.

c.Understandtheentityanditsenvironmentincludinginternalcontrol.

d.Sufficientappropriateauditevidence.

3.

TheGeneralStandardsstresstheimportanceof:

easy

a.evidenceaccumulation.

b

b.personalqualitiestheauditorshouldpossess.

c.communicatingtheauditor’sfindingstothereader.

d.generalsupervisionoftheaudit.

4.

easy

Thegenerallyacceptedauditingstandardthatrequires“Adequatetechnicaltrainingandproficiency”isnormallyinterpretedasrequiringtheauditortohave:

a

a.formaleducationinauditingandaccounting.

b.workedforanentitysimilartotheentitybeingaudited.

c.independenceinmentalattitude

d.agraduatedegreeinabusinessfield.

5.（SOX）

MembersofthePublicCompanyAccountingOversightBoardareappointedandoverseenby:

easy

a.theU.S.Congress.

d

b.theAmericanInstituteofCertifiedPublicAccountants.

c.theAuditingStandardsBoard.

d.theSecuritiesandExchangeCommission.

6.

easy

StatementsonAuditingStandardsprovideauditorsofprivatelyheldcompanieswith______guidanceregardingtheconductoffinancialstatementaudits.

b

a.fairlyextensive

b.somelimited

c.practicallyno

d.specificanddetailed

7.

easy

Whichofthefollowingstatementsmostaccuratelycapturestheintentofthestandardsoffieldwork?

c

a.Fieldworkstandardsareprimarilyconcernedwithpersonalattributesnecessaryduringtheconductoftheaudit.

b.Fieldworkstandardsprovideextensiveguidanceregardingtheconductofanaudit.

c.Fieldworkstandardsareprimarilydirectedattheauditor’splanning,understandingofinternalcontrol,andevidenceaccumulation.

d.Fieldworkstandardsareprimarilyconcernedwiththeconductofsubstantivetestingasopposedtotestingofinternalcontrols.

8.（SOX）

easy

PriortothepassageoftheSarbanes-OxleyAct,whichofthefollowingwasresponsibleforestablishingauditingstandards?

c

a.SecuritiesandExchangeCommission

b.PublicCompanyAccountingOversightBoard

c.AuditingStandardsBoard

d.NationalAssociationofAccounting

9.（SOX）

medium

StandardsissuedbythePublicCompanyAccountingOversightBoardmustbefollowedbyCPAswhoaudit:

b

a.bothprivateandpubliccompanies.

b.publiccompaniesonly.

c.privatecompanies,publiccompanies,andnonprofitentities.

d.privatecompaniesonly.

10.

WhichofthefollowingistheleastlikelyformofbusinessforaCPAfirm?

medium

a.Generalpartnership

b

b.Generalcorporation

c.Limitedliabilitycompany

d.Limitedliabilitypartnership

11.

TheStatementsonAuditingStandardsissuedbytheAuditingStandardsBoard:

medium

a.areinterpretationsofgenerallyacceptedauditingstandards.

a

b.aretheequivalentoflawsforauditpractitioners.

c.mustbefollowedinallsituations.

d.areoptionalguidelineswhichanauditormaychoosetofollowornotfollowwhenconductinganaudit.

12.

Anauditorneednotabidebyaparticularauditingstandardiftheauditorbelievesthat:

medium

a.theissueinquestionisimmaterialinamount.

a

b.moreexpertiseisneededtofulfilltherequirement.

c.therequirementofthestandardhasnotbeenaddressedbythePCAOB.

d.anyoftheabovethreearecorrect.

13.（SOX）

ThePublicCompanyAccountingOversightBoarddoesnot:

medium

a.performinspectionsofthequalitycontrolsatauditfirmsthatauditpubliccompanies.

b

b.establishauditingstandardsthatmustbefollowedbyCPAsonallaudits.

c.overseeauditorsofpubliccompanies.

d.performanyoftheabovefunctions.

14.

medium

TheformthatmustbecompletedandfiledwiththeSecuritiesandExchangeCommissionwheneveracompanyexperiencesasignificanteventthatisofinteresttopublicinvestorsisthe:

b

a.FormS-1.

b.Form8-K.

c.Form10-K.

d.Form10-Q.

15.

medium

TheformthatmustbefiledwiththeSecuritiesandExchangeCommissionwheneveracompanyplanstoissuenewsecuritiestothepublicisthe:

a

a.FormS-1.

b.Form8-K.

c.Form10-K.

d.Form10-Q.

16.

medium

Thethirdgeneralstandardstatesthatduecareistobeexercisedintheperformanceofanaudit.Thisstandardisgenerallyinterpretedtorequire:

c

a.objectivereviewoftheadequacyofthetechnicaltrainingoffirmpersonnel.

b.thoroughreviewoftheexistinginternalcontrol