Nursedocsgiuytredwg
g
Chapterg02g
ProfessionalgStandardsg
Trueg/gFalsegQuestionsg
1.g Auditorsgmaygbegindependentgingfactgbutgnotgindependentgingappearance.g
Truegg
gFalseg
2.g AuditinggStandardsgissuedgbygthegPCAOB
garegthegsole
gsourcegofgguidance
gforgauditsg
ofgpublicgentities.
g
Truegg
gFalseg
3.g Attestationgstandardsgprovidegguidancegforgagwidegvarietygofgengagementsg
differentgingscope
gthangangaudit.g
Truegg
gFalseg
4.g Generallygacceptedgauditinggstandardsgmustgbegfollowedgongallgauditg
engagements.g
Truegg
gFalseg
girewg
,Nursedocsgiuytredwg
g
g
5.g Thegreportinggprinciplegrelatesgtogagfirm'sgsystemgofgqualitygcontrolgcriteriagforg
conductinggangaudit.
g
Truegg
gFalseg
6.g Auditorsgcannotgeffectivelygsatisfygthegresponsibilitiesgprinciplegrequiringgduegcaregifg
theyghavegnotgalsogsatisfiedgthegperformancegprinciple.g
Truegg
gFalseg
7.g Substantivegproceduresgperformedgbygthegauditgteamgaregmostgcloselygrelatedgtog
thegriskgof
gmaterialgmisstatement.
g
Truegg
gFalseg
8.g Auditinggproceduresgaregthegsamegasgauditinggstandards.g
Truegg
gFalseg
9.g Thegconceptgofgduegcaregreflectsgthegneedgtogplangandgperformgthegauditgwithgang
appropriateglevel
gofgprofessional
gskepticism.g
Truegg
gFalseg
girewg
,Nursedocsgiuytredwg
g
g
girewg
, Nursedocsgiuytredwg
g
g
15.gTogbegconsideredgmaterial,gangitemgmustgbegonegthatgwouldginfluencegthegdecisiong
ofgfinancialgstatementgusers.
g
Truegg
gFalseg
16.gThegcontentsgofgthegauditors'greportgaregguidedgbygthegperformancegprinciplegofg
GAAS.g
Truegg
gFalseg
17.gAngunqualifiedgopiniongindicatesgthatgthegfinancialgstatementsgpresentgthegentity'sg
financialgcondition,gresultsgofgoperations,gandgcashgflowsgingconformitygwithgGAAP.g
Truegg
gFalseg
18.gThegauditors'greportgshouldgeithergcontaingangexpressiongofgopiniongongthegfinancial
g
statementsgtakengasgagwholegorgangassertiongtogthegeffectgthatgangopiniongcannotgbe
g
expressed.g
Truegg
gFalseg
19.gEvidencegisgconsideredgappropriategwhengitgisgbothgvalidgandgrelevant.g
Truegg
gFalseg
girewg
g
Chapterg02g
ProfessionalgStandardsg
Trueg/gFalsegQuestionsg
1.g Auditorsgmaygbegindependentgingfactgbutgnotgindependentgingappearance.g
Truegg
gFalseg
2.g AuditinggStandardsgissuedgbygthegPCAOB
garegthegsole
gsourcegofgguidance
gforgauditsg
ofgpublicgentities.
g
Truegg
gFalseg
3.g Attestationgstandardsgprovidegguidancegforgagwidegvarietygofgengagementsg
differentgingscope
gthangangaudit.g
Truegg
gFalseg
4.g Generallygacceptedgauditinggstandardsgmustgbegfollowedgongallgauditg
engagements.g
Truegg
gFalseg
girewg
,Nursedocsgiuytredwg
g
g
5.g Thegreportinggprinciplegrelatesgtogagfirm'sgsystemgofgqualitygcontrolgcriteriagforg
conductinggangaudit.
g
Truegg
gFalseg
6.g Auditorsgcannotgeffectivelygsatisfygthegresponsibilitiesgprinciplegrequiringgduegcaregifg
theyghavegnotgalsogsatisfiedgthegperformancegprinciple.g
Truegg
gFalseg
7.g Substantivegproceduresgperformedgbygthegauditgteamgaregmostgcloselygrelatedgtog
thegriskgof
gmaterialgmisstatement.
g
Truegg
gFalseg
8.g Auditinggproceduresgaregthegsamegasgauditinggstandards.g
Truegg
gFalseg
9.g Thegconceptgofgduegcaregreflectsgthegneedgtogplangandgperformgthegauditgwithgang
appropriateglevel
gofgprofessional
gskepticism.g
Truegg
gFalseg
girewg
,Nursedocsgiuytredwg
g
g
girewg
, Nursedocsgiuytredwg
g
g
15.gTogbegconsideredgmaterial,gangitemgmustgbegonegthatgwouldginfluencegthegdecisiong
ofgfinancialgstatementgusers.
g
Truegg
gFalseg
16.gThegcontentsgofgthegauditors'greportgaregguidedgbygthegperformancegprinciplegofg
GAAS.g
Truegg
gFalseg
17.gAngunqualifiedgopiniongindicatesgthatgthegfinancialgstatementsgpresentgthegentity'sg
financialgcondition,gresultsgofgoperations,gandgcashgflowsgingconformitygwithgGAAP.g
Truegg
gFalseg
18.gThegauditors'greportgshouldgeithergcontaingangexpressiongofgopiniongongthegfinancial
g
statementsgtakengasgagwholegorgangassertiongtogthegeffectgthatgangopiniongcannotgbe
g
expressed.g
Truegg
gFalseg
19.gEvidencegisgconsideredgappropriategwhengitgisgbothgvalidgandgrelevant.g
Truegg
gFalseg
girewg
