(A2)M1-M3

Question 1

What are the six interrelated elements of quality control? “HELP ME”

Answer 1

Human resources
Engagement/client acceptance and continuance
Leadership responsibilities
Performance of the engagement
Monitoring 
Ethical requirements
"HELP ME"

Question 2

BOD minutes should be kept in which file: current or permanent?

Answer 2

Permanent

Question 3

What is the successor auditor required to do before contacting the predecessor auditor?

Answer 3

Receive permission from the client

Question 4

When assigning personnel to an engagement, the firm should consider what factors?

Answer 4

engagement size and complexity
personnel availability
special expertise required
timing of work to be performed
continuity and periodic rotation of personnel
opportunities for on-the-job training!!!!!!!!!!!!!