· Question 12 out of 2 pointsThe use of the Certified Public Accountant title is regulated by:· Question 22 out of 2 pointsAny service that requires a CPA firm to issue a report about the reliability of an assertion that is made by another party is a(n):· Question 32 out of 2 pointsWhich of the following isnotaSysTrustServices principle as defined by the AICPA?· Question 42 out of 2 points________ risk reflects the possibility that the information upon which the business decision was made was inaccurate.· Question 52 out of 2 pointsThe most common way for users to obtain reliable information is to:· Question 60 out of 2 pointsThree common types of attestation services are:· Question 72 out of 2 pointsAn examination of part of an organization’s procedures and methods for the purpose of evaluating efficiency and effectiveness is what type of audit?· Question 82 out of 2 pointsThe three requirements for becoming a CPA include all but which of the following?· Question 92 out of 2 pointsRecording, classifying, and summarizing economic events in a logical manner for the purpose of providing financial information for decision making is commonly called:· Question 102 out of 2 pointsOne objective of an operational audit is to:· Question 112 out of 2 pointsIn “auditing” financial accounting data, the primary concern is with:· Question 122 out of 2 pointsAn accountant:· Question 132 out of 2 pointsWhich of the following is considered audit evidence?· Question 142 out of 2 pointsAn audit to determine whether an entity is following specific procedures or rules set down by some higher authority is classified as a(n):· Question 152 out of 2 pointsA correct relationship among the auditor, the client, and the external users is:· Question 162 out of 2 pointsThe organization that is responsible for providing oversight for auditors of public companies is called the ________.· Question 172 out of 2 pointsHistorically auditing standards have been organized into three categories, including:· Question 182 out of 2 pointsThe International Standards on Auditing (ISAs):· Question 192 out of 2 pointsIn order to properly plan and perform an audit, an important fact for both the auditor and the client to understand is that:· Question 202 out of 2 pointsWhich of the following is an element of the CPA’s quality control system that should be considered in establishing its quality control policies and procedures?· Question 21The Public Company Accounting Oversight Board:· Question 222 out of 2 pointsStandards issued by the Public Company Accounting Oversight Board must be followed by CPAs who audit:· Question 232 out of 2 pointsThe methods used by a CPA firm to ensure that the firm meets is professional responsibilities to clients and others is:· Question 242 out of 2 pointsWhich of the following statements best describes the primary purpose of Statements on Auditing Standards?· Question 252 out of 2 pointsThe Statements on Auditing Standards issued by the Auditing Standards Board:· Question 262 out of 2 pointsHansen Corporation’s stock is listed on a national stock exchange and registered with the Securities and Exchange Commission. Hansen’s management hires a CPA to perform an independent audit of Hansen’s financial statements. The primary objective of this audit is to provide assurance to the:· Question 272 out of 2 pointsThe “Principles Underlying an Audit in Accordance with Generally Accepted Auditing Principles” provides a framework to help auditors:· Question 282 out of 2 pointsTo obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, the auditor must fulfill several performance responsibilities, including:· Question 292 out of 2 pointsThe legal right to perform audits is granted to a CPA firm by regulation of:· Question 302 out of 2 pointsAssume the Public Company Accounting Oversight Board (PCAOB) identifies a violation during its sinspection of a registered accounting firm. The PCAOB: