国际双语审计第四章练习题.doc
《国际双语审计第四章练习题.doc》由会员分享,可在线阅读,更多相关《国际双语审计第四章练习题.doc(21页珍藏版)》请在淘文阁 - 分享文档赚钱的网站上搜索。
1、如有侵权,请联系网站删除,仅供学习与交流国际双语审计第四章练习题【精品文档】第 21 页CHAPTER 4 Multiple-Choice Questions1.Society has attached a special meaning to the term “professional.” A professional is:easya.someone who has passed a qualifying exam to enter the job market.bb.a person who is expected to conduct himself or herself at a
2、higher level than the requirements of societys laws or regulations.c.any person who receives pay for the services performed.d.someone who has both an education in the trade and on-the-job experience received under an experienced supervisor.2.The underlying reason for a code of professional conduct f
3、or any profession is:easya.the need for public confidence in the quality of service of the profession.ab.that it provides a safeguard to keep unscrupulous people out.c.that it is required by federal legislation.d.that it allows licensing agencies to have a yardstick to measure deficient behavior.3.A
4、 challenge associated with the Ethical Principles stated in the Code of Professional Conduct is:easya.the emphasis on positive activities.cb.that they identify ideal conduct.c.the difficulty of enforcing principles, or general ideals.d.that there are too many to remember.4.For which of the following
5、 professional services must CPAs be independent?easya.Management advisory services.bb.Audits of financial statements.c.Preparation of tax returns.d.All three of the above.5.“Independence” in auditing means:easya.remaining aloof from a client.cb.not being financially dependent on a client.c.taking an
6、 unbiased and objective viewpoint.d.being an advocate for a client.6.When CPAs are able to maintain their actual independence, it is referred to as independence in:easya.conduct.cb.appearance.c.fact.d.total.7.Which of the following statements is not true? The CPA firm will lose its independence if:e
7、asyda.any of the partners in the office providing audit services to the client acquires stock in that client.b.a manager who provides 15 hours of non-audit services to the client acquires stock in that client.c.anyone working on the audit should acquire stock in that client.d.all of the above are tr
8、ue.8.easyInterpretations of Rule 101 prohibit covered members from owning any stock or other direct investment in audit clients. Covered members include all but which of the following?aa.All partners in an office that has no responsibility for the engagement.b.The firm and its employee benefit plans
9、.c.Individuals on the attest engagement.d.All of the above describe covered members.9.easycIn some situations, the interpretations of the Rules of Conduct permit former partners to have relationships with a client of the firm without affecting the firms independence. Which of the following situation
10、s would not cause a loss of independence?a.The former partner invests in a current client of the firm and receives retirement benefits from the CPA firm, which are dependent upon the firms financial performance.b.The former partner uses the CPA firms office space and has significant influence over a
11、 client.c.The former partner severs relations with the firm and accepts employment with the firms client after having been retired for 18 months.d.The former partner is held out as an associate of the firm and takes part in the firms business activities.10.easyThe financial interests of which of the
12、 following parties would not be included as a “direct financial interest” of the CPA?da.Spouse.b.Dependent child.c.Relative supported by the CPA.d.Financial interests of each of these individuals would be considered as “direct financial interests.”11.Interpretations of the rules regarding independen
13、ce allow an auditor to serve as:easya.a director or officer of an audit client.db.an underwriter for the sale of a clients securities.c.a trustee of a clients pension fund.d.an honorary director for a not-for-profit charitable or religious organization.12.easybWhen the question arises whether a CPA
14、firm may do both bookkeeping and auditing services for the same public company client, the Interpretations of the AICPAs Code of Professional Conduct:a.encourage it.b.prohibit it.c.allow it.d.allow each firm to determine the answer on a case-by-case basis.13.The CPA must not subordinate his or her p
15、rofessional judgment to that of others in any:easya.engagement.ab.audit engagement.c.engagement excluding tax services.d.engagement excluding management advisory services.14.Which of the following would be a violation of the rule requiring “objectivity” by the CPA?easyca.The auditor accepts manageme
16、nts opinion regarding the collection of accounts receivable without an independent evaluation.b.In preparing a clients tax return, the CPA encourages a client to take a deduction which the CPA believes is risky, but unlikely to be found during an IRS audit.c.Either a or b would be a violation of the
17、 rule.d.Neither a nor b would be a violation of the rule.15.easydSeveral months after an unqualified audit report was issued, the auditor discovers the financial statements were materially misstated. The clients CEO agrees that there are misstatements, but refuses to correct them. She claims that “c
18、onfidentiality” prevents the CPA from informing anyone.a.The CEO is correct and the auditor must maintain confidentiality.b.The CEO is incorrect, but because the audit report has been issued it is too late.c.The CEO is correct, but to be ethically correct the auditor should violate the confidentiali
19、ty rule and disclose the error.d.The CEO is incorrect, and the auditor has an obligation to issue a revised audit report, even if the CEO will not correct the financial statements.16.easyA member in public practice may not perform for a contingent fee any professional services for a client for whom
20、the member or members firm performs:ca.an audit.b.a review.c.either an audit or review.d.any professional service regardless of the specific nature of the service.17.Which of the following activities is allowed for a CPA firms attestation clients?easya.Contingent fees based on savings due to impleme
21、ntation of an information system.ab.Commissions for referring a review client to an insurance agency for insurance coverage.c.Preparation of tax returns for which fees are based upon client refunds.d.Each of the above is allowed.18.easyA member in public practice shall neither receive from, nor pay
22、to, a client a commission when the member or members firm also performs for that client:da.an audit or review.b.a compilation that will be used by a third party.c.an audit of prospective financial information.d.any of the above.19.easyIf the board of accountancy in the state in which a CPA firm is l
23、icensed has rules that are different than the AICPAs rules, the CPA firm must follow:ba.whichever rules are less restrictive.b.whichever rules are more restrictive.c.the rules of the AICPA.d.the rules of the states board of accountancy.20.easyElise, CPA, owns a public accounting firm and wishes to e
- 配套讲稿:
如PPT文件的首页显示word图标,表示该PPT已包含配套word讲稿。双击word图标可打开word文档。
- 特殊限制:
部分文档作品中含有的国旗、国徽等图片,仅作为作品整体效果示例展示,禁止商用。设计者仅对作品中独创性部分享有著作权。
- 关 键 词:
- 国际 双语 审计 第四 练习题
限制150内