Multiple Choice
Which one of the following is not true regarding the American Institute of Certified Public Accountants peer review requirement?
A) A CPA firm must develop and adhere to quality control standards.
B) Peer reviews are mandatory.
C) A CPA firm will lose AICPA eligibility if a peer review is not performed.
D) Firms required to be registered with and inspected by the PCAOB are exempt.
Correct Answer:
Verified
Correct Answer:
Verified
Q91: _ are referred to as U.S. generally
Q92: The PCAOB requires annual inspections of accounting
Q93: The American Institute of Certified Public Accountants
Q94: Form 10-Q must be filed monthly with
Q95: The PCAOB considers International Standards on Auditing
Q96: _ is not one of the National/Regional
Q97: The Public Company Accounting Oversight Board<br>A) performs
Q98: Small local CPA Firms are allowed under
Q99: The Statements on Auditing Standards issued by
Q100: The PCAOB requires annual inspections of other