Multiple Choice
In order to achieve effective quality control, a firm of independent auditors should establish policies and procedures for:
A) determining the minimum procedures necessary for unaudited financial statements.
B) setting the scope of audit work.
C) deciding whether to accept or continue a client.
D) setting the scope of internal control study and evaluation.
Correct Answer:

Verified
Correct Answer:
Verified
Q54: For private companies, accounting firms are prohibited
Q55: Which of the following is an element
Q56: A CPA firm evaluates its personnel advancement
Q57: What is a purpose of the acceptance
Q58: As per the Conceptual Framework for AICPA
Q60: Professionalism refers to the conduct, aims, or
Q61: Mavis, CPA, has audited the financial statements
Q62: A basic objective of a CPA firm
Q63: In which of the following instances would
Q64: The Principles of Professional Conduct set forth