Questions from Auditing and Assurance


Q: For each term in the first column, select the partial (

For each term in the first column, select the partial (or complete) definition or illustration. Each partial (or complete) definition or illustration may be used only once.

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Q: Select the best answer for each of the following. Explain the

Select the best answer for each of the following. Explain the reasons for your selection. a. Which of the following is not a covered member for an attest engagement under the Independence Rule of the...

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Q: The firm of Wilson and Wiener (WW), CPAs, has

The firm of Wilson and Wiener (WW), CPAs, has had requests from a number of clients and prospective clients to perform various types of services. Please reply as to whether the appropriate independenc...

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Q: Donald Westerman is president of Westerman Corporation, a nonpublic manufacturer of

Donald Westerman is president of Westerman Corporation, a nonpublic manufacturer of kitchen cabinets. He has been approached by Darlene Zabish, a partner with Zabish and Co., CPAs, who suggests that h...

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Q: The firm of McGraw and West, CPAs, has two offices

The firm of McGraw and West, CPAs, has two offices, one in Phoenix and one in San Diego. The firm has audited the Cameron Corporation out of its Phoenix office for the past five years. For each of the...

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Q: The firm of Harwood & Toole, CPAs, has been the

The firm of Harwood & Toole, CPAs, has been the auditor and tax return preparer for Tucker, Inc., a nonpublic company, for several years. In the current year, the management of Tucker discharged Harwo...

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Q: James Daleiden, CPA, is interested in expanding his practice through

James Daleiden, CPA, is interested in expanding his practice through acquisition of new clients. For each of the following independent cases, indicate whether Daleiden would violate the AICPA Code of...

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Q: The cost of an audit might be significantly reduced if the auditors

The cost of an audit might be significantly reduced if the auditors relied upon a representation letter from the client instead of observing the physical counting of inventory. Would this use of a rep...

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Q: Describe briefly the function of the GAO.

Describe briefly the function of the GAO.

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Q: The firm of Bell & Greer, CPAs, has been asked

The firm of Bell & Greer, CPAs, has been asked to perform attest services for Trek Corporation (a nonpublic company) for the year ended December 31, Year 5. Bell & Greer has two offices: one in Los An...

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