Multiple Choice
Where the fees from an audit client are more than 15% of total fees, the public accounting firm should ensure:
A) that the audit work is reviewed by an accountant, not a member of the audit team.
B) adequate quality control procedures are in place and that the audit work is reviewed by an accountant, not a member of the audit team.
C) that all members of the audit team are independent, both in fact and in appearance.
D) that adequate quality control procedures are in place.
Correct Answer:

Verified
Correct Answer:
Verified
Q1: Can a public accounting firm accept an
Q2: Part B of the Code of Ethics
Q3: Which of the following is NOT a
Q5: Which one of the following would represent
Q6: The annual audit is the cornerstone of
Q7: Part B of the Code of Ethics
Q8: Auditors may disclose confidential information to a
Q9: In the Code of Ethics for Professional
Q10: Which is NOT a valid circumstance where
Q11: Auditors should NOT use confidential auditee information