AUD 2 Professional Responsibilities and Ethics 4

Question 1

When a CPA provides corporate f_______ consulting services, the advocacy, management participation, and self-review threats are affected.

Answer 1

Corporate Finance Consulting

When a CPA provides corporate finance consulting services, the advocacy, management participation, and self-review threats are affected.

Question 2

When a CPA provides corporate finance consulting services, the a________, management participation, and self-review threats are affected.

Answer 2

Corporate Finance Consulting

When a CPA provides corporate finance consulting services, the advocacy, management participation, and self-review threats are affected.

Question 3

When a CPA provides corporate finance consulting services, the advocacy, __________ ____________, and self-review threats are affected.

Answer 3

Corporate Finance Consulting

When a CPA provides corporate finance consulting services, the advocacy, management participation, and self-review threats are affected.

Question 4

When a CPA provides corporate finance consulting services, the advocacy, management participation, and ____ - ______ threats are affected.

Answer 4

Corporate Finance Consulting

When a CPA provides corporate finance consulting services, the advocacy, management participation, and self-review threats are affected.

Question 5

When a CPA provides corporate finance consulting services, the advocacy, management participation, and self-review threats are affected.

Without raising threats to an unacceptable level, however, a CPA may:

• Assist m___________ in developing corporate strategies and identifying capital sources, based on client criteria;

Answer 5

Corporate Finance Consulting

When a CPA provides corporate finance consulting services, the advocacy, management participation, and self-review threats are affected.

Without raising threats to an unacceptable level, however, a CPA may:

• Assist management in developing corporate strategies and identifying capital sources, based on client criteria;

Question 6

When a CPA provides corporate finance consulting services, the advocacy, management participation, and self-review threats are affected.

Without raising threats to an unacceptable level, however, a CPA may:

• Assist management in developing corporate s__________s and identifying capital sources, based on client criteria;

Answer 6

Corporate Finance Consulting

Without raising threats to an unacceptable level, however, a CPA may:

• Assist management in developing corporate strategies and identifying capital sources, based on client criteria;

Question 7

When a CPA provides corporate finance consulting services, the advocacy, management participation, and self-review threats are affected.

Without raising threats to an unacceptable level, however, a CPA may:

• Assist management in developing corporate strategies and identifying capital sources, based on c_____ criteria;

Answer 7

Corporate Finance Consulting

Without raising threats to an unacceptable level, however, a CPA may:

• Assist management in developing corporate strategies and identifying capital sources, based on client criteria;

Question 8

When a CPA provides corporate finance consulting services, the advocacy, management participation, and self-review threats are affected.

Without raising threats to an unacceptable level, however, a CPA may:

• A_____ management in developing corporate strategies and identifying capital sources, based on client criteria;

Answer 8

Corporate Finance Consulting

Without raising threats to an unacceptable level, however, a CPA may:

• Assist management in developing corporate strategies and identifying capital sources, based on client criteria;

Question 9

When a CPA provides corporate finance consulting services, the advocacy, management participation, and self-review threats are affected.

Without raising threats to an unacceptable level, however, a CPA may:

• Introduce sources of c_____ to the client, based on client criteria;
• Assist m__________ in determining effects of potential transactions with possible buyers, sellers, or providers of financing;

Answer 9

Corporate Finance Consulting

When a CPA provides corporate finance consulting services, the advocacy, management participation, and self-review threats are affected.

Without raising threats to an unacceptable level, however, a CPA may:

• Introduce sources of capital to the client, based on client criteria;
• Assist management in determining effects of potential transactions with possible buyers, sellers, or providers of financing;

Question 10

When a CPA provides corporate finance consulting services, the advocacy, management participation, and self-review threats are affected.

Without raising threats to an unacceptable level, however, a CPA may:

• I________ sources of capital to the client, based on client criteria;
• A_____ management in determining effects of potential transactions with possible buyers, sellers, or providers of financing;

Answer 10

Corporate Finance Consulting

Without raising threats to an unacceptable level, however, a CPA may:

• Introduce sources of capital to the client, based on client criteria;
• Assist management in determining effects of potential transactions with possible buyers, sellers, or providers of financing;

Question 11

When a CPA provides corporate finance consulting services, the advocacy, management participation, and self-review threats are affected.

Without raising threats to an unacceptable level, however, a CPA may:

• Introduce sources of capital to the client, based on c_____ criteria;
• Assist management in d_______ing effects of potential transactions with possible buyers, sellers, or providers of financing;

Answer 11

Corporate Finance Consulting

Without raising threats to an unacceptable level, however, a CPA may:

• Introduce sources of capital to the client, based on client criteria;
• Assist management in determining effects of potential transactions with possible buyers, sellers, or providers of financing;

Question 12

Without raising threats to an unacceptable level, however, a CPA may:

• Introduce s_______s of capital to the client, based on client criteria;
• Assist management in determining effects of potential transactions with possible buyers, sellers, or providers of f_____ing;

Answer 12

Corporate Finance Consulting

Without raising threats to an unacceptable level, however, a CPA may:

• Introduce sources of capital to the client, based on client criteria;
• Assist management in determining effects of potential transactions with possible buyers, sellers, or providers of financing;

Question 13

When a CPA provides corporate finance consulting services, the advocacy, management participation, and self-review threats are affected.

Without raising threats to an unacceptable level, however, a CPA may:

• A_____ the client during negotiations and assist the client in drafting its offering documents;
• Participate, in an a_____y capacity, in transaction negotiations; or
• Be named as the client’s financial a_____ in a private placement memorandum or an offering document.

Answer 13

Corporate Finance Consulting

When a CPA provides corporate finance consulting services, the advocacy, management participation, and self-review threats are affected.

Without raising threats to an unacceptable level, however, a CPA may:

• Advise the client during negotiations and assist the client in drafting its offering documents;
• Participate, in an advisory capacity, in transaction negotiations; or
• Be named as the client’s financial adviser in a private placement memorandum or an offering document.

Question 14

When a CPA provides corporate finance consulting services, the advocacy, management participation, and self-review threats are affected.

Without raising threats to an unacceptable level, however, a CPA may:

• Advise the client during negotiations
and a____ the client in drafting its offering documents;

• Participate, in an advisory capacity, in transaction neg_______s; or
• Be named as the client’s f_______ adviser in a private placement memorandum or an offering document.

Answer 14

Corporate Finance Consulting

Without raising threats to an unacceptable level, however, a CPA may:

• Advise the client during negotiations and assist the client in drafting its offering documents;
• Participate, in an advisory capacity, in transaction negotiations; or
• Be named as the client’s financial adviser in a private placement memorandum or an offering document.

Question 15

When a CPA provides corporate finance consulting services, the advocacy, management participation, and self-review threats are affected.

Without raising threats to an unacceptable level, however, a CPA may:

• Advise the client during neg_______s
and assist the client in drafting its offering documents;

• Participate, in an advisory capacity, in t________n negotiations; or
• Be named as the client’s financial adviser in a private placement memo______ or an offering d________.

Answer 15

Corporate Finance Consulting

Without raising threats to an unacceptable level, however, a CPA may:

• Advise the client during negotiations and assist the client in drafting its offering documents;
• Participate, in an advisory capacity, in transaction negotiations; or
• Be named as the client’s financial adviser in a private placement memorandum or an offering document.

Question 16

Corporate Finance Consulting

When a CPA provides c_________ finance consulting services, the advocacy, management participation, and self-review threats are affected.

Without raising threats to an unacceptable level, however, a CPA may:

• Assist management in developing corporate strategies and identifying capital sources, based on client criteria;
• Introduce sources of capital to the client, based on client criteria;
• Assist management in determining effects of potential transactions with possible buyers, sellers, or providers of financing;

• Advise the client during negotiations
and assist the client in drafting its offering documents;

• Participate, in an advisory capacity, in transaction negotiations; or
• Be named as the client’s financial adviser in a private placement memorandum or an offering document.

Answer 16

Corporate Finance Consulting

When a CPA provides corporate finance consulting services, the advocacy, management participation, and self-review threats are affected.

Without raising threats to an unacceptable level, however, a CPA may:

• Assist management in developing corporate strategies and identifying capital sources, based on client criteria;
• Introduce sources of capital to the client, based on client criteria;
• Assist management in determining effects of potential transactions with possible buyers, sellers, or providers of financing;

• Advise the client during negotiations
and assist the client in drafting its offering documents;

• Participate, in an advisory capacity, in transaction negotiations; or
• Be named as the client’s financial adviser in a private placement memorandum or an offering document.

Question 17

Corporate Finance Consulting

Threats would be raised to an unacceptable level and the accountant would not be able to reduce them to an acceptable level through the application of safeguards

if the accountant (Cannot do):

• Commits the c____ to a transaction;
• Consummates a transaction on behalf of a c____;

Answer 17

Corporate Finance Consulting

Threats would be raised to an unacceptable level and the accountant would not be able to reduce them to an acceptable level through the application of safeguards

if the accountant (Cannot do):

• Commits the client to a transaction;
• Consummates a transaction on behalf of a client;

Question 18

Corporate Finance Consulting

Threats would be raised to an unacceptable level and the accountant would not be able to reduce them to an acceptable level through the application of safeguards

if the accountant (Cannot do):

• C_____s the client to a transaction;
• Consummates a t________n on behalf of a client;

Answer 18

Corporate Finance Consulting

Threats would be raised to an unacceptable level and the accountant would not be able to reduce them to an acceptable level through the application of safeguards

if the accountant (Cannot do):

• Commits the client to a transaction;
• Consummates a transaction on behalf of a client;

Question 19

Corporate Finance Consulting

Threats would be raised to an unacceptable level and the accountant would not be able to reduce them to an acceptable level through the application of safeguards

if the accountant (Cannot do):

• Acts as promoter, underwriter, broker-dealer, or g____tor of client securities;
• Acts as d_____tor of a client’s private placement memorandum or offering documents; or
• Maintains c______y of the client’s securities.

Answer 19

Corporate Finance Consulting

Threats would be raised to an unacceptable level and the accountant would not be able to reduce them to an acceptable level through the application of safeguards

if the accountant (Cannot do):

• Acts as promoter, underwriter, broker-dealer, or guarantor of client securities;
• Acts as distributor of a client’s private placement memorandum or offering documents; or
• Maintains custody of the client’s securities.

Question 20

Corporate Finance Consulting

Threats would be raised to an unacceptable level and the accountant would not be able to reduce them to an acceptable level through the application of safeguards

if the accountant (Cannot do):

• Acts as p_____ter, underwriter, broker-dealer, or guarantor of client securities;
• A__s as distributor of a client’s private placement memorandum or offering documents; or
• Maintains custody of the client’s s_____ies.

Answer 20

Corporate Finance Consulting

Threats would be raised to an unacceptable level and the accountant would not be able to reduce them to an acceptable level through the application of safeguards

if the accountant (Cannot do):

• Acts as promoter, underwriter, broker-dealer, or guarantor of client securities;
• Acts as distributor of a client’s private placement memorandum or offering documents; or
• Maintains custody of the client’s securities.

Question 21

Corporate Finance Consulting

Threats would be raised to an __________ level and the accountant would not be able to reduce them to an acceptable level through the application of safeguards

if the accountant (Cannot do):

• Commits the client to a transaction;
• Consummates a transaction on behalf of a client;
• Acts as promoter, underwriter, broker-dealer, or guarantor of client securities;
• Acts as distributor of a client’s private placement memorandum or offering documents; or
• Maintains custody of the client’s securities.

Answer 21

Corporate Finance Consulting

Threats would be raised to an unacceptable level and the accountant would not be able to reduce them to an acceptable level through the application of safeguards

if the accountant (Cannot do):

• Commits the client to a transaction;
• Consummates a transaction on behalf of a client;
• Acts as promoter, underwriter, broker-dealer, or guarantor of client securities;
• Acts as distributor of a client’s private placement memorandum or offering documents; or
• Maintains custody of the client’s securities.

Question 22

When a CPA provides executive or employee r_____ing services, the management participation and self-review threats are affected.

Answer 22

Executive or Employee Recruiting

When a CPA provides executive or employee recruiting services, the management participation and self-review threats are affected.

Question 23

When a CPA provides executive or employee recruiting services, the ___________ _____________ and ____ - ________ threats are affected.

Answer 23

Executive or Employee Recruiting

When a CPA provides executive or employee recruiting services, the management participation and self-review threats are affected.

Question 24

When a CPA provides executive or employee recruiting services, the management participation and self-review threats are affected.

Without raising threats to an unacceptable level, a CPA may:

• R__________ candidate specifications or a position description to the client;

Answer 24

Executive or Employee Recruiting

When a CPA provides executive or employee recruiting services, the management participation and self-review threats are affected.

Without raising threats to an unacceptable level, a CPA may:

• Recommend candidate specifications or a position description to the client;

Question 25

When a CPA provides executive or employee recruiting services, the management participation and self-review threats are affected. Without raising threats to an unacceptable level, a CPA may: • Recommend ca________ specifications or a position description to the client;

Answer 25

Executive or Employee Recruiting Without raising threats to an unacceptable level, a CPA may: • Recommend candidate specifications or a position description to the client;

Question 26

When a CPA provides executive or employee recruiting services, the management participation and self-review threats are affected. Without raising threats to an unacceptable level, a CPA may: • Recommend candidate specifications or a position desc_______ to the client;

Answer 26

Executive or Employee Recruiting Without raising threats to an unacceptable level, a CPA may: • Recommend candidate specifications or a position description to the client;

Question 27

When a CPA provides executive or employee recruiting services, the management participation and self-review threats are affected. Without raising threats to an unacceptable level, a CPA may: • Solicit and screen ca________s who conform to client criteria;

Answer 27

Executive or Employee Recruiting When a CPA provides executive or employee recruiting services, the management participation and self-review threats are affected. Without raising threats to an unacceptable level, a CPA may: • Solicit and screen candidates who conform to client criteria;

Question 28

When a CPA provides executive or employee recruiting services, the management participation and self-review threats are affected. Without raising threats to an unacceptable level, a CPA may: • Solicit and screen candidates who conform to client cri_____;

Answer 28

Executive or Employee Recruiting Without raising threats to an unacceptable level, a CPA may: • Solicit and screen candidates who conform to client criteria;

Question 29

When a CPA provides executive or employee recruiting services, the management participation and self-review threats are affected. Without raising threats to an unacceptable level, a CPA may: • Solicit and sc____ candidates who conform to client criteria;

Answer 29

Executive or Employee Recruiting Without raising threats to an unacceptable level, a CPA may: • Solicit and screen candidates who conform to client criteria;

Question 30

When a CPA provides executive or employee recruiting services, the management participation and self-review threats are affected. Without raising threats to an unacceptable level, a CPA may: • R___________ candidates who appear qualified based on client criteria; and

Answer 30

Executive or Employee Recruiting When a CPA provides executive or employee recruiting services, the management participation and self-review threats are affected. Without raising threats to an unacceptable level, a CPA may: • Recommend candidates who appear qualified based on client criteria; and

Question 31

When a CPA provides executive or employee recruiting services, the management participation and self-review threats are affected. Without raising threats to an unacceptable level, a CPA may: • Recommend c__________s who appear qualified based on client criteria; and

Answer 31

Executive or Employee Recruiting Without raising threats to an unacceptable level, a CPA may: • Recommend candidates who appear qualified based on client criteria; and

Question 32

When a CPA provides executive or employee recruiting services, the management participation and self-review threats are affected. Without raising threats to an unacceptable level, a CPA may: • Recommend candidates who appear q_____ied based on client criteria; and

Answer 32

Executive or Employee Recruiting Without raising threats to an unacceptable level, a CPA may: • Recommend candidates who appear qualified based on client criteria; and

Question 33

When a CPA provides executive or employee recruiting services, the management participation and self-review threats are affected. Without raising threats to an unacceptable level, a CPA may: • Participate, in an a______y capacity, in hiring or compensation discussions.

Answer 33

Executive or Employee Recruiting When a CPA provides executive or employee recruiting services, the management participation and self-review threats are affected. Without raising threats to an unacceptable level, a CPA may: • Participate, in an advisory capacity, in hiring or compensation discussions.

Question 34

When a CPA provides executive or employee recruiting services, the management participation and self-review threats are affected. Without raising threats to an unacceptable level, a CPA may: • Participate, in an advisory capacity, in h__ing or compensation discussions.

Answer 34

Executive or Employee Recruiting Without raising threats to an unacceptable level, a CPA may: • Participate, in an advisory capacity, in hiring or compensation discussions.

Question 35

When a CPA provides executive or employee recruiting services, the management participation and self-review threats are affected. Without raising threats to an unacceptable level, a CPA may: • Participate, in an advisory capacity, in hiring or compensation disc______s.

Answer 35

Executive or Employee Recruiting Without raising threats to an unacceptable level, a CPA may: • Participate, in an advisory capacity, in hiring or compensation discussions.

Question 36

When a CPA provides executive or employee recruiting services, the management participation and self-review threats are affected. Without raising threats to an unacceptable level, a CPA may: • Participate, in an advisory capacity, in hiring or com_______n discussions.

Answer 36

Executive or Employee Recruiting Without raising threats to an unacceptable level, a CPA may: • Participate, in an advisory capacity, in hiring or compensation discussions.

Question 37

Executive or Employee Recruiting When a CPA provides executive or e_________ recruiting services, the management participation and self-review threats are affected. Without raising threats to an unacceptable level, a CPA may: * Recommend candidate specifications or a position description to the client; * Solicit and screen candidates who conform to client criteria; * Recommend candidates who appear qualified based on client criteria; and * Participate, in an advisory capacity, in hiring or compensation discussions.

Answer 37

Executive or Employee Recruiting When a CPA provides executive or employee recruiting services, the management participation and self-review threats are affected. Without raising threats to an unacceptable level, a CPA may: * Recommend candidate specifications or a position description to the client; * Solicit and screen candidates who conform to client criteria; * Recommend candidates who appear qualified based on client criteria; and * Participate, in an advisory capacity, in hiring or compensation discussions.

Question 38

Executive or Employee Recruiting Threats would be raised to an unacceptable level and the accountant would not be able to reduce them to an acceptable level through the application of safeguards if the accountant (Cannot do): • Com___s the client to employee compensation or benefit arrangements;

Answer 38

Executive or Employee Recruiting Threats would be raised to an unacceptable level and the accountant would not be able to reduce them to an acceptable level through the application of safeguards if the accountant (Cannot do): • Commits the client to employee compensation or benefit arrangements;

Question 39

Executive or Employee Recruiting Threats would be raised to an unacceptable level and the accountant would not be able to reduce them to an acceptable level through the application of safeguards if the accountant (Cannot do): • Commits the client to em_____ compensation or benefit arrangements;

Answer 39

Executive or Employee Recruiting Threats would be raised to an unacceptable level and the accountant would not be able to reduce them to an acceptable level through the application of safeguards if the accountant (Cannot do): • Commits the client to employee compensation or benefit arrangements;

Question 40

Executive or Employee Recruiting Threats would be raised to an unacceptable level and the accountant would not be able to reduce them to an acceptable level through the application of safeguards if the accountant (Cannot do): • Commits the client to employee com________n or benefit arrangements;

Answer 40

Executive or Employee Recruiting Threats would be raised to an unacceptable level and the accountant would not be able to reduce them to an acceptable level through the application of safeguards if the accountant (Cannot do): • Commits the client to employee compensation or benefit arrangements;

Question 41

Executive or Employee Recruiting Threats would be raised to an unacceptable level and the accountant would not be able to reduce them to an acceptable level through the application of safeguards if the accountant (Cannot do): • Commits the client to employee compensation or b______ arrangements;

Answer 41

Executive or Employee Recruiting Threats would be raised to an unacceptable level and the accountant would not be able to reduce them to an acceptable level through the application of safeguards if the accountant (Cannot do): • Commits the client to employee compensation or benefit arrangements;

Question 42

Executive or Employee Recruiting Threats would be raised to an unacceptable level and the accountant would not be able to reduce them to an acceptable level through the application of safeguards if the accountant (Cannot do): • Commits the c_____ to employee compensation or benefit arrangements;

Answer 42

Executive or Employee Recruiting Threats would be raised to an unacceptable level and the accountant would not be able to reduce them to an acceptable level through the application of safeguards if the accountant (Cannot do): • Commits the client to employee compensation or benefit arrangements;

Question 43

Executive or Employee Recruiting Threats would be raised to an unacceptable level and the accountant would not be able to reduce them to an acceptable level through the application of safeguards if the accountant (Cannot do): • H____s or terminates client employees.

Answer 43

Executive or Employee Recruiting Threats would be raised to an unacceptable level and the accountant would not be able to reduce them to an acceptable level through the application of safeguards if the accountant (Cannot do): • Hires or terminates client employees.

Question 44

Executive or Employee Recruiting Threats would be raised to an unacceptable level and the accountant would not be able to reduce them to an acceptable level through the application of safeguards if the accountant (Cannot do): • Hires or t_______s client employees.

Answer 44

Executive or Employee Recruiting Threats would be raised to an unacceptable level and the accountant would not be able to reduce them to an acceptable level through the application of safeguards if the accountant (Cannot do): • Hires or terminates client employees.

Question 45

Executive or Employee Recruiting Threats would be raised to an unacceptable level and the accountant would not be able to reduce them to an acceptable level through the application of safeguards if the accountant (Cannot do): • Hires or terminates client e_______s.

Answer 45

Executive or Employee Recruiting Threats would be raised to an unacceptable level and the accountant would not be able to reduce them to an acceptable level through the application of safeguards if the accountant (Cannot do): • Hires or terminates client employees.

Question 46

Executive or Employee Recruiting Threats would be raised to an unacceptable level and the accountant would not be able to reduce them to an acceptable level through the application of safeguards if the accountant (Cannot do): • Hires or terminates c_____ employees.

Answer 46

Executive or Employee Recruiting Threats would be raised to an unacceptable level and the accountant would not be able to reduce them to an acceptable level through the application of safeguards if the accountant (Cannot do): • Hires or terminates client employees.

Question 47

Executive or Employee Recruiting Threats would be raised to an unacceptable level and the accountant would not be able to reduce them to an acceptable level through the application of s_________s if the accountant (Cannot do): * Commits the client to employee compensation or benefit arrangements; or * Hires or terminates client employees.

Answer 47

Executive or Employee Recruiting Threats would be raised to an unacceptable level and the accountant would not be able to reduce them to an acceptable level through the application of safeguards if the accountant (Cannot do): * Commits the client to employee compensation or benefit arrangements; or * Hires or terminates client employees.

Question 48

A CPA may provide f_______c accounting services, consisting of investigative services and litigation services.

Answer 48

Forensic Accounting A CPA may provide forensic accounting services, consisting of investigative services and litigation services.

Question 49

A CPA may provide forensic accounting services, consisting of inv________ services and litigation services.

Answer 49

Forensic Accounting A CPA may provide forensic accounting services, consisting of investigative services and litigation services.

Question 50

A CPA may provide forensic accounting services, consisting of investigative services and l________ services.

Answer 50

Forensic Accounting A CPA may provide forensic accounting services, consisting of investigative services and litigation services.

Question 51

Forensic Accounting Inv________ services include all forensic services that do not involve litigation and affect the management participation and self-review threats to independence.

Answer 51

Forensic Accounting Investigative services include all forensic services that do not involve litigation and affect the management participation and self-review threats to independence.

Question 52

Forensic Accounting Investigative services include all f______c services that do not involve litigation and affect the management participation and self-review threats to independence.

Answer 52

Forensic Accounting Investigative services include all forensic services that do not involve litigation and affect the management participation and self-review threats to independence.

Question 53

Forensic Accounting Investigative services include all forensic services that do not involve l_______ and affect the management participation and self-review threats to independence.

Answer 53

Forensic Accounting Investigative services include all forensic services that do not involve litigation and affect the management participation and self-review threats to independence.

Question 54

Forensic Accounting Investigative services include all forensic services that do not involve litigation and affect the m__________ ___________ and self-review threats to independence.

Answer 54

Forensic Accounting Investigative services include all forensic services that do not involve litigation and affect the management participation and self-review threats to independence.

Question 55

Forensic Accounting L_______ services pertain to actual or potential proceedings, legal or regulatory, before a trier of facts to resolve a dispute between parties. L_______ services include expert witness services, l_______ consulting services, and other related services.

Answer 55

Forensic Accounting Litigation services pertain to actual or potential proceedings, legal or regulatory, before a trier of facts to resolve a dispute between parties. Litigation services include expert witness services, litigation consulting services, and other related services.

Question 56

Forensic Accounting Litigation services pertain to ac_____ or potential proceedings, legal or regulatory, before a trier of facts to resolve a dispute between parties.

Answer 56

Forensic Accounting Litigation services pertain to actual or potential proceedings, legal or regulatory, before a trier of facts to resolve a dispute between parties.

Question 57

Forensic Accounting Litigation services pertain to actual or po_____ proceedings, legal or regulatory, before a trier of facts to resolve a dispute between parties.

Answer 57

Forensic Accounting Litigation services pertain to actual or potential proceedings, legal or regulatory, before a trier of facts to resolve a dispute between parties.

Question 58

Forensic Accounting Litigation services pertain to actual or potential proceedings, l____ or regulatory, before a trier of facts to resolve a dispute between parties.

Answer 58

Forensic Accounting Litigation services pertain to actual or potential proceedings, legal or regulatory, before a trier of facts to resolve a dispute between parties.

Question 59

Forensic Accounting Litigation services pertain to actual or potential proceedings, legal or r_______y, before a trier of facts to resolve a dispute between parties.

Answer 59

Forensic Accounting Litigation services pertain to actual or potential proceedings, legal or regulatory, before a trier of facts to resolve a dispute between parties.

Question 60

Forensic Accounting Litigation services pertain to actual or potential proceedings, legal or regulatory, before a trier of f____s to resolve a dispute between parties.

Answer 60

Forensic Accounting Litigation services pertain to actual or potential proceedings, legal or regulatory, before a trier of facts to resolve a dispute between parties.

Question 61

Forensic Accounting Litigation services pertain to actual or potential proceedings, legal or regulatory, before a trier of facts to resolve a d______ between parties.

Answer 61

Forensic Accounting Litigation services pertain to actual or potential proceedings, legal or regulatory, before a trier of facts to resolve a dispute between parties.

Question 62

Forensic Accounting Litigation services pertain to actual or potential proceedings, legal or regulatory, before a trier of facts to resolve a dispute between p_____s.

Answer 62

Forensic Accounting Litigation services pertain to actual or potential proceedings, legal or regulatory, before a trier of facts to resolve a dispute between parties. Litigation services include expert witness services, litigation consulting services, and other related services.

Question 63

Forensic Accounting Litigation services include e______ witness services, litigation consulting services, and other related services.

Answer 63

Forensic Accounting Litigation services pertain to actual or potential proceedings, legal or regulatory, before a trier of facts to resolve a dispute between parties. Litigation services include expert witness services, litigation consulting services, and other related services.

Question 64

Forensic Accounting Litigation services include expert w____s services, litigation consulting services, and other related services.

Answer 64

Forensic Accounting Litigation services pertain to actual or potential proceedings, legal or regulatory, before a trier of facts to resolve a dispute between parties. Litigation services include expert witness services, litigation consulting services, and other related services.

Question 65

Forensic Accounting Litigation services include expert witness services, litigation c_____ing services, and other related services.

Answer 65

Forensic Accounting Litigation services pertain to actual or potential proceedings, legal or regulatory, before a trier of facts to resolve a dispute between parties. Litigation services include expert witness services, litigation consulting services, and other related services.

Question 66

Forensic Accounting Litigation services include expert witness services, l_______ consulting services, and other related services.

Answer 66

Forensic Accounting Litigation services pertain to actual or potential proceedings, legal or regulatory, before a trier of facts to resolve a dispute between parties. Litigation services include expert witness services, litigation consulting services, and other related services.

Question 67

Forensic Accounting Litigation services include expert witness services, litigation consulting services, and other related services. • In general, performing expert witness services increases the a______y threat to an unacceptable level that could not be reduced to an acceptable level by safeguards.

Answer 67

Forensic Accounting Litigation services include expert witness services, litigation consulting services, and other related services. • In general, performing expert witness services increases the advocacy threat to an unacceptable level that could not be reduced to an acceptable level by safeguards.

Question 68

Forensic Accounting • In general, performing expert witness services increases the advocacy threat to an unacceptable level that could not be reduced to an acceptable level by s________s.

Answer 68

Forensic Accounting Litigation services include expert witness services, litigation consulting services, and other related services. • In general, performing expert witness services increases the advocacy threat to an unacceptable level that could not be reduced to an acceptable level by safeguards.

Question 69

Forensic Accounting • In general, performing expert witness services increases the ADVOCACY threat to an unacceptable level that could not be reduced to an acceptable level by safeguards. o Threats would be at an acceptable level if the services were being performed for a l___e group of plaintiffs or defendants, including the client; and

Answer 69

Forensic Accounting Litigation services include expert witness services, litigation consulting services, and other related services. • In general, performing expert witness services increases the ADVOCACY threat to an unacceptable level that could not be reduced to an acceptable level by safeguards. o Threats would be at an acceptable level if the services were being performed for a large group of plaintiffs or defendants, including the client;

Question 70

Forensic Accounting • Performing expert witness services increases the ADVOCACY threat to an unacceptable level that could not be reduced to an acceptable level by safeguards. o Threats would be at an acceptable level if the services were being performed for a large group of plaintiffs or defendants, including the client;

Answer 70

Forensic Accounting Litigation services include expert witness services, litigation consulting services, and other related services. • In general, performing expert witness services increases the ADVOCACY threat to an unacceptable level that could not be reduced to an acceptable level by safeguards. o Threats would be at an acceptable level if the services were being performed for a large group of plaintiffs or defendants, including the client;

Question 71

Forensic Accounting • Performing expert witness services increases the ADVOCACY threat to an unacceptable level that could not be reduced to an acceptable level by safeguards. o Threats would be at an acceptable level if the services were being performed for a large group of p______s or defendants, including the client;

Answer 71

Forensic Accounting Litigation services include expert witness services, litigation consulting services, and other related services. • In general, performing expert witness services increases the ADVOCACY threat to an unacceptable level that could not be reduced to an acceptable level by safeguards. o Threats would be at an acceptable level if the services were being performed for a large group of plaintiffs or defendants, including the client;

Question 72

Forensic Accounting • Performing expert witness services increases the ADVOCACY threat to an unacceptable level that could not be reduced to an acceptable level by safeguards. o Threats would be at an acceptable level if the services were being performed for a large group of plaintiffs or d_______s, including the client; and

Answer 72

Forensic Accounting Litigation services include expert witness services, litigation consulting services, and other related services. • In general, performing expert witness services increases the ADVOCACY threat to an unacceptable level that could not be reduced to an acceptable level by safeguards. o Threats would be at an acceptable level if the services were being performed for a large group of plaintiffs or defendants, including the client;

Question 73

Forensic Accounting • Performing expert witness services increases the ADVOCACY threat to an unacceptable level that could not be reduced to an acceptable level by safeguards. o The clients make up less than __% of the members of the group, no client is designated as lead plaintiff or defendant, and no client has sole decision-making authority to determine who will serve as expert witness.

Answer 73

Forensic Accounting Litigation services include expert witness services, litigation consulting services, and other related services. • In general, performing expert witness services increases the ADVOCACY threat to an unacceptable level that could not be reduced to an acceptable level by safeguards. o The clients make up less than 20% of the members of the group, no client is designated as lead plaintiff or defendant, and no client has sole decision-making authority to determine who will serve as expert witness.

Question 74

Forensic Accounting • Performing expert witness services increases the ADVOCACY threat to an unacceptable level that could not be reduced to an acceptable level by safeguards. o The clients make up _____ than 20% of the members of the group, no client is designated as lead plaintiff or defendant, and no client has sole decision-making authority to determine who will serve as expert witness.

Answer 74

Forensic Accounting Litigation services include expert witness services, litigation consulting services, and other related services. • In general, performing expert witness services increases the ADVOCACY threat to an unacceptable level that could not be reduced to an acceptable level by safeguards. o The clients make up less than 20% of the members of the group, no client is designated as lead plaintiff or defendant, and no client has sole decision-making authority to determine who will serve as expert witness.

Question 75

Forensic Accounting • Performing expert witness services increases the ADVOCACY threat to an unacceptable level that could not be reduced to an acceptable level by safeguards. o The clients make up less than 20% of the m______s of the group, no client is designated as lead plaintiff or defendant, and no client has sole decision-making authority to determine who will serve as expert witness.

Answer 75

Forensic Accounting Litigation services include expert witness services, litigation consulting services, and other related services. • In general, performing expert witness services increases the ADVOCACY threat to an unacceptable level that could not be reduced to an acceptable level by safeguards. o The clients make up less than 20% of the members of the group, no client is designated as lead plaintiff or defendant, and no client has sole decision-making authority to determine who will serve as expert witness.

Question 76

Forensic Accounting • Performing expert witness services increases the ADVOCACY threat to an unacceptable level that could not be reduced to an acceptable level by safeguards. o The clients make up less than 20% of the members of the group, no client is designated as l__d plaintiff or defendant, and no client has sole decision-making authority to determine who will serve as expert witness.

Answer 76

o The clients make up less than 20% of the members of the group, no client is designated as lead plaintiff or defendant, and no client has sole decision-making authority to determine who will serve as expert witness.

Question 77

Forensic Accounting • Performing expert witness services increases the ADVOCACY threat to an unacceptable level that could not be reduced to an acceptable level by safeguards. o The clients make up less than 20% of the members of the group, no client is designated as lead p_____f or defendant, and no client has sole decision-making authority to determine who will serve as expert witness.

Answer 77

o The clients make up less than 20% of the members of the group, no client is designated as lead plaintiff or defendant, and no client has sole decision-making authority to determine who will serve as expert witness.

Question 78

Forensic Accounting • Performing expert witness services increases the ADVOCACY threat to an unacceptable level that could not be reduced to an acceptable level by safeguards. o The clients make up less than 20% of the members of the group, no client is designated as lead plaintiff or d_______t, and no client has sole decision-making authority to determine who will serve as expert witness.

Answer 78

o The clients make up less than 20% of the members of the group, no client is designated as lead plaintiff or defendant, and no client has sole decision-making authority to determine who will serve as expert witness.

Question 79

Forensic Accounting • Performing expert witness services increases the ADVOCACY threat to an unacceptable level that could not be reduced to an acceptable level by safeguards. o The clients make up less than 20% of the members of the group, no client is designated as lead plaintiff or defendant, and no client has sole decision-making a_______y to determine who will serve as expert witness.

Answer 79

o The clients make up less than 20% of the members of the group, no client is designated as lead plaintiff or defendant, and no client has sole decision-making authority to determine who will serve as expert witness.

Question 80

Forensic Accounting • Performing expert witness services increases the ADVOCACY threat to an unacceptable level that could not be reduced to an acceptable level by safeguards. o The clients make up less than 20% of the members of the group, no client is designated as lead plaintiff or defendant, and no client has sole decision-making authority to determine who will serve as ex_____ witness.

Answer 80

o The clients make up less than 20% of the members of the group, no client is designated as lead plaintiff or defendant, and no client has sole decision-making authority to determine who will serve as expert witness.

Question 81

Forensic Accounting Litigation services include expert w_____s services, litigation consulting services, and other related services. • In general, performing expert witness services increases the ADVOCACY threat to an unacceptable level that could not be reduced to an acceptable level by safeguards. o Threats would be at an acceptable level if the services were being performed for a large group of plaintiffs or defendants, including the client; and o The clients make up less than 20% of the members of the group, no client is designated as lead plaintiff or defendant, and no client has sole decision-making authority to determine who will serve as expert witness.

Answer 81

Forensic Accounting Litigation services include expert witness services, litigation consulting services, and other related services. • In general, performing expert witness services increases the ADVOCACY threat to an unacceptable level that could not be reduced to an acceptable level by safeguards. o Threats would be at an acceptable level if the services were being performed for a large group of plaintiffs or defendants, including the client; and o The clients make up less than 20% of the members of the group, no client is designated as lead plaintiff or defendant, and no client has sole decision-making authority to determine who will serve as expert witness.

Question 82

Forensic Accounting Litigation services include expert witness services, litigation consulting services, and other related services. • Acting as a “fact witness” is NOT considered a non_____ service and would NOT impair an accountant’s independence

Answer 82

Forensic Accounting Litigation services include expert witness services, litigation consulting services, and other related services. • Acting as a “fact witness” is NOT considered a nonattest service and would NOT impair an accountant’s independence

Question 83

Forensic Accounting Litigation services include expert witness services, litigation consulting services, and other related services. • Acting as a “f____ witness” is NOT considered a nonattest service and would NOT impair an accountant’s independence

Answer 83

Forensic Accounting Litigation services include expert witness services, litigation consulting services, and other related services. • Acting as a “fact witness” is NOT considered a nonattest service and would NOT impair an accountant’s independence

Question 84

Forensic Accounting Litigation services include expert witness services, litigation consulting services, and other related services. • Acting as a “fact w_____s” is NOT considered a nonattest service and would NOT impair an accountant’s independence

Answer 84

Forensic Accounting Litigation services include expert witness services, litigation consulting services, and other related services. • Acting as a “fact witness” is NOT considered a nonattest service and would NOT impair an accountant’s independence if the accountant responds to requests for providing an opinion regarding matters within the accountant’s expertise.

Question 85

Forensic Accounting Litigation services include expert witness services, litigation consulting services, and other related services. • Acting as a “fact witness” is NOT considered a nonattest service and would NOT impair an accountant’s independence if the accountant r________s to requests for providing an opinion regarding matters within the accountant’s expertise.

Answer 85

if the accountant responds to requests for providing an opinion regarding matters within the accountant’s expertise.

Question 86

Forensic Accounting Litigation services include expert witness services, litigation consulting services, and other related services. • Acting as a “fact witness” is NOT considered a nonattest service and would NOT impair an accountant’s independence if the accountant responds to requests for p_____ing an opinion regarding matters within the accountant’s expertise.

Answer 86

if the accountant responds to requests for providing an opinion regarding matters within the accountant’s expertise.

Question 87

Forensic Accounting Litigation services include expert witness services, litigation consulting services, and other related services. • Acting as a “fact witness” is NOT considered a nonattest service and would NOT impair an accountant’s independence if the accountant responds to requests for providing an op_____n regarding matters within the accountant’s expertise.

Answer 87

Forensic Accounting Litigation services include expert witness services, litigation consulting services, and other related services. • Acting as a “fact witness” is NOT considered a nonattest service and would NOT impair an accountant’s independence if the accountant responds to requests for providing an opinion regarding matters within the accountant’s expertise.

Question 88

Forensic Accounting Litigation services include expert witness services, litigation consulting services, and other related services. • Acting as a “fact witness” is NOT considered a nonattest service and would NOT impair an accountant’s independence if the accountant responds to requests for providing an opinion regarding matters within the accountant’s expertise.

Answer 88

Forensic Accounting Litigation services include expert witness services, litigation consulting services, and other related services. • Acting as a “fact witness” is NOT considered a nonattest service and would NOT impair an accountant’s independence if the accountant responds to requests for providing an opinion regarding matters within the accountant’s expertise.

Question 89

Forensic Accounting Litigation services include expert witness services, litigation consulting services, and other related services. • In general, performing expert witness services increases the advocacy threat to an unacceptable level that could not be reduced to an acceptable level by safeguards. o Threats would be at an acceptable level if the services were being performed for a large group of plaintiffs or defendants, including the client; and o The clients make up less than 20% of the members of the group, no client is designated as lead plaintiff or defendant, and no client has sole decision-making authority to determine who will serve as expert witness. • Acting as a “fact witness” is NOT considered a nonattest service and would NOT impair an accountant’s independence if the accountant responds to requests for providing an opinion regarding matters within the accountant’s expertise.

Answer 89

Forensic Accounting Litigation services include expert witness services, litigation consulting services, and other related services. • In general, performing expert witness services increases the advocacy threat to an unacceptable level that could not be reduced to an acceptable level by safeguards. o Threats would be at an acceptable level if the services were being performed for a large group of plaintiffs or defendants, including the client; and o The clients make up less than 20% of the members of the group, no client is designated as lead plaintiff or defendant, and no client has sole decision-making authority to determine who will serve as expert witness. • Acting as a “fact witness” is NOT considered a nonattest service and would NOT impair an accountant’s independence if the accountant responds to requests for providing an opinion regarding matters within the accountant’s expertise.

Question 90

Forensic Accounting L________ consulting services, in which the accountant provides advice about facts, issues, or strategy, elevate the advocacy and management participation threats to independence.

Answer 90

Forensic Accounting Litigation consulting services, in which the accountant provides advice about facts, issues, or strategy, elevate the advocacy and management participation threats to independence.

Question 91

Forensic Accounting Litigation consulting services, in which the accountant provides a______ about facts, issues, or strategy, elevate the advocacy and management participation threats to independence.

Answer 91

Forensic Accounting Litigation consulting services, in which the accountant provides advice about facts, issues, or strategy, elevate the advocacy and management participation threats to independence.

Question 92

Forensic Accounting Litigation c______ing services, in which the accountant provides advice about facts, issues, or strategy, elevate the advocacy and management participation threats to independence.

Answer 92

Forensic Accounting Litigation consulting services, in which the accountant provides advice about facts, issues, or strategy, elevate the advocacy and management participation threats to independence.

Question 93

Forensic Accounting Litigation consulting services, in which the accountant provides advice about f____s, issues, or strategy, elevate the advocacy and management participation threats to independence.

Answer 93

Forensic Accounting Litigation consulting services, in which the accountant provides advice about facts, issues, or strategy, elevate the advocacy and management participation threats to independence.

Question 94

Forensic Accounting Litigation consulting services, in which the accountant provides advice about facts, i_____s, or strategy, elevate the advocacy and management participation threats to independence.

Answer 94

Forensic Accounting Litigation consulting services, in which the accountant provides advice about facts, issues, or strategy, elevate the advocacy and management participation threats to independence.

Question 95

Forensic Accounting Litigation consulting services, in which the accountant provides advice about facts, issues, or s______y, elevate the advocacy and management participation threats to independence.

Answer 95

Forensic Accounting Litigation consulting services, in which the accountant provides advice about facts, issues, or strategy, elevate the advocacy and management participation threats to independence.

Question 96

Forensic Accounting Litigation consulting services, in which the accountant provides advice about facts, issues, or strategy, elevate the a_______y and m_________ p__________ threats to independence.

Answer 96

Forensic Accounting Litigation consulting services, in which the accountant provides advice about facts, issues, or strategy, elevate the advocacy and management participation threats to independence.

Question 97

Forensic Accounting Litigation consulting services, in which the accountant provides advice about facts, issues, or strategy, elevate the advocacy and management participation threats to ______________.

Answer 97

Forensic Accounting Litigation consulting services, in which the accountant provides advice about facts, issues, or strategy, elevate the advocacy and management participation threats to independence.

Question 98

Forensic Accounting Litigation consulting services, in which the accountant provides advice about facts, issues, or strategy, elevate the advocacy and management participation threats to independence. Provided that the general requirements for performing non______ services have been met, threats would be at an acceptable level and independence would not be impaired.

Answer 98

Forensic Accounting Litigation consulting services, in which the accountant provides advice about facts, issues, or strategy, elevate the advocacy and management participation threats to independence. Provided that the general requirements for performing nonattest services have been met, threats would be at an acceptable level and independence would not be impaired.

Question 99

Forensic Accounting Litigation consulting services, in which the accountant provides advice about facts, issues, or strategy, elevate the advocacy and management participation threats to independence. Provided that the general r__________s for performing nonattest services have been met, threats would be at an acceptable level and independence would not be impaired.

Answer 99

Forensic Accounting Litigation consulting services, in which the accountant provides advice about facts, issues, or strategy, elevate the advocacy and management participation threats to independence. Provided that the general requirements for performing nonattest services have been met, threats would be at an acceptable level and independence would not be impaired.

Question 100

Forensic Accounting Litigation consulting services, in which the accountant provides advice about facts, issues, or strategy, elevate the advocacy and management participation threats to independence. Provided that the general requirements for performing nonattest services have been met, threats would be at an a__________ level and independence would not be impaired.

Answer 100

Forensic Accounting Litigation consulting services, in which the accountant provides advice about facts, issues, or strategy, elevate the advocacy and management participation threats to independence. Provided that the general requirements for performing nonattest services have been met, threats would be at an acceptable level and independence would not be impaired.

Question 101

Forensic Accounting Subsequent agreement to serve as an expert witness, however, elevates threats to an unacceptable level, which could not be reduced to an acceptable level through the application of s_________s.

Answer 101

Forensic Accounting Litigation consulting services, in which the accountant provides advice about facts, issues, or strategy, elevate the advocacy and management participation threats to independence. Provided that the general requirements for performing nonattest services have been met, threats would be at an acceptable level and independence would not be impaired. Subsequent agreement to serve as an expert witness, however, elevates threats to an unacceptable level, which could not be reduced to an acceptable level through the application of safeguards.

Question 102

Forensic Accounting Sub_______ agreement to serve as an expert witness, however, elevates threats to an unacceptable level, which could not be reduced to an acceptable level through the application of safeguards.

Answer 102

Forensic Accounting Subsequent agreement to serve as an expert witness, however, elevates threats to an unacceptable level, which could not be reduced to an acceptable level through the application of safeguards.

Question 103

Forensic Accounting Subsequent a_________ to serve as an expert witness, however, elevates threats to an unacceptable level, which could not be reduced to an acceptable level through the application of safeguards.

Answer 103

Forensic Accounting Subsequent agreement to serve as an expert witness, however, elevates threats to an unacceptable level, which could not be reduced to an acceptable level through the application of safeguards.

Question 104

Forensic Accounting Subsequent agreement to serve as an expert witness, however, e______s threats to an unacceptable level, which could not be reduced to an acceptable level through the application of safeguards.

Answer 104

Forensic Accounting Subsequent agreement to serve as an expert witness, however, elevates threats to an unacceptable level, which could not be reduced to an acceptable level through the application of safeguards.

Question 105

Forensic Accounting Litigation consulting services, in which the accountant provides advice about facts, issues, or strategy, elevate the advocacy and management participation threats to independence. Provided that the general req________s for performing nonattest services have been met, threats would be at an acceptable level and independence would not be impaired. Subsequent a________ to serve as an expert witness, however, elevates threats to an unacceptable level, which could not be reduced to an acceptable level through the application of safeguards.

Answer 105

Forensic Accounting Litigation consulting services, in which the accountant provides advice about facts, issues, or strategy, elevate the advocacy and management participation threats to independence. Provided that the general requirements for performing nonattest services have been met, threats would be at an acceptable level and independence would not be impaired. Subsequent agreement to serve as an expert witness, however, elevates threats to an unacceptable level, which could not be reduced to an acceptable level through the application of safeguards.

Question 106

Forensic Accounting The advocacy threat would also be raised to an unacceptable level, which could not be reduced to an acceptable level through the application of safeguards, if the accountant is serving as a trier of f____, special master, court-appointed expert, or arbitrator in a matter involving a client.

Answer 106

Forensic Accounting The advocacy threat would also be raised to an unacceptable level, which could not be reduced to an acceptable level through the application of safeguards, if the accountant is serving as a trier of fact, special master, court-appointed expert, or arbitrator in a matter involving a client.

Question 107

Forensic Accounting The advocacy threat would also be raised to an unacceptable level, which could not be reduced to an acceptable level through the application of safeguards, if the accountant is serving as a trier of fact, s_____ master, court-appointed expert, or arbitrator in a matter involving a client.

Answer 107

Forensic Accounting The advocacy threat would also be raised to an unacceptable level, which could not be reduced to an acceptable level through the application of safeguards, if the accountant is serving as a trier of fact, special master, court-appointed expert, or arbitrator in a matter involving a client.

Question 108

Forensic Accounting The advocacy threat would also be raised to an unacceptable level, which could not be reduced to an acceptable level through the application of safeguards, if the accountant is serving as a trier of fact, special master, court-appointed ex____, or arbitrator in a matter involving a client.

Answer 108

Forensic Accounting The advocacy threat would also be raised to an unacceptable level, which could not be reduced to an acceptable level through the application of safeguards, if the accountant is serving as a trier of fact, special master, court-appointed expert, or arbitrator in a matter involving a client.

Question 109

Forensic Accounting The advocacy threat would also be raised to an unacceptable level, which could not be reduced to an acceptable level through the application of safeguards, if the accountant is serving as a trier of fact, special master, court-appointed expert, or arbitrator in a matter involving a c_____.

Answer 109

Forensic Accounting The advocacy threat would also be raised to an unacceptable level, which could not be reduced to an acceptable level through the application of safeguards, if the accountant is serving as a trier of fact, special master, court-appointed expert, or arbitrator in a matter involving a client.

Question 110

Forensic Accounting The advocacy threat would also be raised to an unacceptable level, which could not be reduced to an acceptable level through the application of safeguards, if the accountant is serving as a trier of fact, special master, court-appointed expert, or arb___or in a matter involving a client.

Answer 110

Forensic Accounting The advocacy threat would also be raised to an unacceptable level, which could not be reduced to an acceptable level through the application of safeguards, if the accountant is serving as a trier of fact, special master, court-appointed expert, or arbitrator in a matter involving a client.

Question 111

Forensic Accounting Threats would be at an acceptable level if the accountant agrees to s_____ as a mediator in a circumstance where the accountant is facilitating negotiations in which the parties are reaching their own agreement.

Answer 111

Forensic Accounting Threats, on the other hand, would be at an acceptable level if the accountant agrees to serve as a mediator in a circumstance where the accountant is facilitating negotiations in which the parties are reaching their own agreement.

Question 112

Forensic Accounting Threats would be at an acceptable level if the accountant agrees to serve as a m____tor in a circumstance where the accountant is facilitating negotiations in which the parties are reaching their own agreement.

Answer 112

Forensic Accounting Threats, on the other hand, would be at an acceptable level if the accountant agrees to serve as a mediator in a circumstance where the accountant is facilitating negotiations in which the parties are reaching their own agreement.

Question 113

Forensic Accounting Threats would be at an acceptable level if the accountant agrees to serve as a mediator in a cir________ where the accountant is facilitating negotiations in which the parties are reaching their own agreement.

Answer 113

Forensic Accounting Threats, on the other hand, would be at an acceptable level if the accountant agrees to serve as a mediator in a circumstance where the accountant is facilitating negotiations in which the parties are reaching their own agreement.

Question 114

Forensic Accounting Threats would be at an acceptable level if the accountant agrees to serve as a mediator in a circumstance where the accountant is facilitating neg________s in which the parties are reaching their own agreement.

Answer 114

Forensic Accounting Threats, on the other hand, would be at an acceptable level if the accountant agrees to serve as a mediator in a circumstance where the accountant is facilitating negotiations in which the parties are reaching their own agreement.

Question 115

Forensic Accounting Threats would be at an acceptable level if the accountant agrees to serve as a mediator in a circumstance where the accountant is facilitating negotiations in which the parties are reaching their own ag________.

Answer 115

Forensic Accounting Threats, on the other hand, would be at an acceptable level if the accountant agrees to serve as a mediator in a circumstance where the accountant is facilitating negotiations in which the parties are reaching their own agreement.

Question 116

Forensic Accounting The ad______y threat would also be raised to an unacceptable level, which could not be reduced to an acceptable level through the application of safeguards, if the accountant is serving as a trier of fact, special master, court-appointed expert, or arbitrator in a matter involving a client. Threats, on the other hand, would be at an acceptable level if the accountant agrees to serve as a mediator in a circumstance where the accountant is facilitating negotiations in which the parties are reaching their own agreement.

Answer 116

Forensic Accounting The advocacy threat would also be raised to an unacceptable level, which could not be reduced to an acceptable level through the application of safeguards, if the accountant is serving as a trier of fact, special master, court-appointed expert, or arbitrator in a matter involving a client. Threats, on the other hand, would be at an acceptable level if the accountant agrees to serve as a mediator in a circumstance where the accountant is facilitating negotiations in which the parties are reaching their own agreement.

Question 117

Performing information systems design, implementation, or integration services affect the m___________ ____________ and self-review threats to the accountant’s independence.

Answer 117

Information Systems Design, Implementation, or Integration Performing information systems design, implementation, or integration services affect the management participation and self-review threats to the accountant’s independence.

Question 118

Performing information systems d_____n, implementation, or integration services affect the management participation and self-review threats to the accountant’s independence.

Answer 118

Information Systems Design, Implementation, or Integration Performing information systems design, implementation, or integration services affect the management participation and self-review threats to the accountant’s independence.

Question 119

Performing information s______s design, implementation, or integration services affect the management participation and self-review threats to the accountant’s independence.

Answer 119

Information Systems Design, Implementation, or Integration Performing information systems design, implementation, or integration services affect the management participation and self-review threats to the accountant’s independence.

Question 120

P_______ing information systems design, implementation, or integration services affect the management participation and self-review threats to the accountant’s independence.

Answer 120

Information Systems Design, Implementation, or Integration Performing information systems design, implementation, or integration services affect the management participation and self-review threats to the accountant’s independence.

Question 121

Performing information systems design, imp___________n, or integration services affect the management participation and self-review threats to the accountant’s independence.

Answer 121

Information Systems Design, Implementation, or Integration Performing information systems design, implementation, or integration services affect the management participation and self-review threats to the accountant’s independence.

Question 122

Performing information systems design, implementation, or int________ services affect the management participation and self-review threats to the accountant’s independence.

Answer 122

Information Systems Design, Implementation, or Integration Performing information systems design, implementation, or integration services affect the management participation and self-review threats to the accountant’s independence.

Question 123

Performing information systems design, implementation, or integration services a______ the management participation and self-review threats to the accountant’s independence.

Answer 123

Information Systems Design, Implementation, or Integration Performing information systems design, implementation, or integration services affect the management participation and self-review threats to the accountant’s independence.

Question 124

Performing information systems design, implementation, or integration services affect the management participation and ____ - _____ threats to the accountant’s independence.

Answer 124

Information Systems Design, Implementation, or Integration Performing information systems design, implementation, or integration services affect the management participation and self-review threats to the accountant’s independence.

Question 125

Information Systems Design, Implementation, or Integration Threats would not be elevated to an unacceptable level if the accountant performs any of the following services (A CPA may): • Installation or integration of a client’s financial in________n system that was designed or developed by parties other than the accountant;

Answer 125

Information Systems Design, Implementation, or Integration Performing information systems design, implementation, or integration services affect the management participation and self-review threats to the accountant’s independence. Threats would not be elevated to an unacceptable level if the accountant performs any of the following services (A CPA may): • Installation or integration of a client’s financial information system that was designed or developed by parties other than the accountant;

Question 126

Information Systems Design, Implementation, or Integration Threats would not be elevated to an unacceptable level if the accountant performs any of the following services (A CPA may): • In_________n or integration of a client’s financial information system that was designed or developed by parties other than the accountant;

Answer 126

• Installation or integration of a client’s financial information system that was designed or developed by parties other than the accountant;

Question 127

Information Systems Design, Implementation, or Integration Threats would not be elevated to an unacceptable level if the accountant performs any of the following services (A CPA may): • Installation or int_________n of a client’s financial information system that was designed or developed by parties other than the accountant;

Answer 127

• Installation or integration of a client’s financial information system that was designed or developed by parties other than the accountant;

Question 128

Information Systems Design, Implementation, or Integration Threats would not be elevated to an unacceptable level if the accountant performs any of the following services (A CPA may): • Installation or integration of a client’s f_________ information system that was designed or developed by parties other than the accountant;

Answer 128

• Installation or integration of a client’s financial information system that was designed or developed by parties other than the accountant;

Question 129

Information Systems Design, Implementation, or Integration Threats would not be elevated to an unacceptable level if the accountant performs any of the following services (A CPA may): • Installation or integration of a client’s financial information system that was de______ed or developed by parties other than the accountant;

Answer 129

• Installation or integration of a client’s financial information system that was designed or developed by parties other than the accountant;

Question 130

Information Systems Design, Implementation, or Integration Threats would not be elevated to an unacceptable level if the accountant performs any of the following services (A CPA may): • A____ing the client in establishing a chart of accounts and formats for financial statements in the client’s financial information system;

Answer 130

Information Systems Design, Implementation, or Integration Performing information systems design, implementation, or integration services affect the management participation and self-review threats to the accountant’s independence. Threats would not be elevated to an unacceptable level if the accountant performs any of the following services (A CPA may): • Assisting the client in establishing a chart of accounts and formats for financial statements in the client’s financial information system;

Question 131

Information Systems Design, Implementation, or Integration Threats would not be elevated to an unacceptable level if the accountant performs any of the following services (A CPA may): • Assisting the c____ in establishing a chart of accounts and formats for financial statements in the client’s financial information system;

Answer 131

Information Systems Design, Implementation, or Integration Threats would not be elevated to an unacceptable level if the accountant performs any of the following services (A CPA may): • Assisting the client in establishing a chart of accounts and formats for financial statements in the client’s financial information system;

Question 132

Information Systems Design, Implementation, or Integration Threats would not be elevated to an unacceptable level if the accountant performs any of the following services (A CPA may): • Assisting the client in establishing a c____ of accounts and formats for financial statements in the client’s financial information system;

Answer 132

• Assisting the client in establishing a chart of accounts and formats for financial statements in the client’s financial information system;

Question 133

Information Systems Design, Implementation, or Integration Threats would not be elevated to an unacceptable level if the accountant performs any of the following services (A CPA may): • Assisting the client in establishing a chart of accounts and f______s for financial statements in the client’s financial information system;

Answer 133

• Assisting the client in establishing a chart of accounts and formats for financial statements in the client’s financial information system;

Question 134

Information Systems Design, Implementation, or Integration Threats would not be elevated to an unacceptable level if the accountant performs any of the following services (A CPA may): • Assisting the client in establishing a chart of accounts and formats for financial s__________s in the client’s financial information system;

Answer 134

• Assisting the client in establishing a chart of accounts and formats for financial statements in the client’s financial information system;

Question 135

Information Systems Design, Implementation, or Integration Threats would not be elevated to an unacceptable level if the accountant performs any of the following services (A CPA may): • Designing, developing, installing, or integrating an information system that is not related to the client’s accounting records or financial statements;

Answer 135

Information Systems Design, Implementation, or Integration Threats would not be elevated to an unacceptable level if the accountant performs any of the following services (A CPA may): • Designing, developing, installing, or integrating an information system that is not related to the client’s accounting records or financial statements;

Question 136

Information Systems Design, Implementation, or Integration Threats would not be elevated to an unacceptable level if the accountant performs any of the following services (A CPA may): • Designing, developing, installing, or integrating an information system that is NOT r____ed to the client’s accounting records or financial statements;

Answer 136

• Designing, developing, installing, or integrating an information system that is not related to the client’s accounting records or financial statements;

Question 137

Information Systems Design, Implementation, or Integration Threats would not be elevated to an unacceptable level if the accountant performs any of the following services (A CPA may): • Designing, developing, installing, or integrating an information system that is not related to the client’s accounting r______s or financial s________s;

Answer 137

• Designing, developing, installing, or integrating an information system that is not related to the client’s accounting records or financial statements;

Question 138

Information Systems Design, Implementation, or Integration Threats would not be elevated to an unacceptable level if the accountant performs any of the following services (A CPA may): • De_____ing, de_______ing, installing, or integrating an information system that is not related to the client’s accounting records or financial statements;

Answer 138

• Designing, developing, installing, or integrating an information system that is not related to the client’s accounting records or financial statements;

Question 139

Information Systems Design, Implementation, or Integration Threats would not be elevated to an unacceptable level if the accountant performs any of the following services (A CPA may): • Designing, developing, in______ing, or integrating an information system that is not related to the client’s accounting records or financial statements;

Answer 139

• Designing, developing, installing, or integrating an information system that is not related to the client’s accounting records or financial statements;

Question 140

Information Systems Design, Implementation, or Integration Threats would not be elevated to an unacceptable level if the accountant performs any of the following services (A CPA may): • Designing, developing, installing, or in______ting an information system that is not related to the client’s accounting records or financial statements;

Answer 140

• Designing, developing, installing, or integrating an information system that is not related to the client’s accounting records or financial statements;

Question 141

Information Systems Design, Implementation, or Integration Threats would not be elevated to an unacceptable level if the accountant performs any of the following services (A CPA may): • Designing, developing, installing, or integrating an information s_______ that is not related to the client’s accounting records or financial statements;

Answer 141

• Designing, developing, installing, or integrating an information system that is not related to the client’s accounting records or financial statements;

Question 142

Information Systems Design, Implementation, or Integration Threats would not be elevated to an unacceptable level if the accountant performs any of the following services (A CPA may): • Designing, developing, installing, or integrating an information system that is not related to the client’s a______ing records or financial statements;

Answer 142

• Designing, developing, installing, or integrating an information system that is not related to the client’s accounting records or financial statements;

Question 143

Information Systems Design, Implementation, or Integration Threats would not be elevated to an unacceptable level if the accountant performs any of the following services (A CPA may): • T____ing or instructing client employees in regard to the information and control systems;

Answer 143

Information Systems Design, Implementation, or Integration Threats would not be elevated to an unacceptable level if the accountant performs any of the following services (A CPA may): • Training or instructing client employees in regard to the information and control systems;

Question 144

Information Systems Design, Implementation, or Integration Threats would not be elevated to an unacceptable level if the accountant performs any of the following services (A CPA may): • Training or instructing c____ employees in regard to the information and control systems;

Answer 144

• Training or instructing client employees in regard to the information and control systems;

Question 145

Information Systems Design, Implementation, or Integration Threats would not be elevated to an unacceptable level if the accountant performs any of the following services (A CPA may): • Training or instructing client e_______s in regard to the information and control systems;

Answer 145

• Training or instructing client employees in regard to the information and control systems;

Question 146

Information Systems Design, Implementation, or Integration Threats would not be elevated to an unacceptable level if the accountant performs any of the following services (A CPA may): • Training or instructing client employees in regard to the information and control s______s;

Answer 146

• Training or instructing client employees in regard to the information and control systems;

Question 147

Information Systems Design, Implementation, or Integration Threats would not be elevated to an unacceptable level if the accountant performs any of the following services (A CPA may): • Training or instructing client employees in regard to the information and c______ systems;

Answer 147

• Training or instructing client employees in regard to the information and control systems;

Question 148

Information Systems Design, Implementation, or Integration Threats would not be elevated to an unacceptable level if the accountant performs any of the following services (A CPA may): ``` • Performing network m_________, updating virus protection, applying routine updates and patches, or configuring user settings based on requests from management. ```

Answer 148

Information Systems Design, Implementation, or Integration Threats would not be elevated to an unacceptable level if the accountant performs any of the following services (A CPA may): ``` • Performing network maintenance, updating virus protection, applying routine updates and patches, or configuring user settings based on requests from management. ```

Question 149

Information Systems Design, Implementation, or Integration Threats would not be elevated to an unacceptable level if the accountant performs any of the following services (A CPA may): ``` • Performing n______ maintenance, updating virus protection, applying routine updates and patches, or configuring user settings based on requests from management. ```

Answer 149

``` • Performing network maintenance, updating virus protection, applying routine updates and patches, or configuring user settings based on requests from management. ```

Question 150

Information Systems Design, Implementation, or Integration Threats would not be elevated to an unacceptable level if the accountant performs any of the following services (A CPA may): ``` • Performing network maintenance, updating v___s protection, applying routine updates and patches, or configuring user settings based on requests from management. ```

Answer 150

``` • Performing network maintenance, updating virus protection, applying routine updates and patches, or configuring user settings based on requests from management. ```

Question 151

Information Systems Design, Implementation, or Integration Threats would not be elevated to an unacceptable level if the accountant performs any of the following services (A CPA may): ``` • Performing network maintenance, updating virus protection, applying routine u______s and patches, or configuring user settings based on requests from management. ```

Answer 151

``` • Performing network maintenance, updating virus protection, applying routine updates and patches, or configuring user settings based on requests from management. ```

Question 152

Information Systems Design, Implementation, or Integration Threats would not be elevated to an unacceptable level if the accountant performs any of the following services (A CPA may): ``` • Performing network maintenance, updating virus protection, applying routine updates and patches, or configuring user settings based on requests from m___________. ```

Answer 152

``` • Performing network maintenance, updating virus protection, applying routine updates and patches, or configuring user settings based on requests from management. ```

Question 153

Information Systems Design, Implementation, or Integration Threats would not be elevated to an unacceptable level if the accountant performs any of the following services (A CPA may): ``` • Performing network maintenance, updating virus protection, applying routine updates and patches, or conf____ing user settings based on requests from management. ```

Answer 153

``` • Performing network maintenance, updating virus protection, applying routine updates and patches, or configuring user settings based on requests from management. ```

Question 154

Information Systems Design, Implementation, or Integration Threats would not be elevated to an unacceptable level if the accountant performs any of the following services (A CPA may): ``` • Performing network maintenance, updating virus protection, applying routine updates and patches, or configuring user settings based on r_____s from management. ```

Answer 154

``` • Performing network maintenance, updating virus protection, applying routine updates and patches, or configuring user settings based on requests from management. ```

Question 155

Performing information systems design, implementation, or integration services affect the management participation and self-review threats to the accountant’s independence. Threats would not be elevated to an ___________ level if the accountant performs any of the following services (A CPA may): * Installation or integration of a client’s financial information system that was designed or developed by parties other than the accountant; * Assisting the client in establishing a chart of accounts and formats for financial statements in the client’s financial information system; * Designing, developing, installing, or integrating an information system that is not related to the client’s accounting records or financial statements; * Training or instructing client employees in regard to the information and control systems; or * Performing network maintenance, updating virus protection, applying routine updates and patches, or configuring user settings based on requests from management.

Answer 155

Information Systems Design, Implementation, or Integration Performing information systems design, implementation, or integration services affect the management participation and self-review threats to the accountant’s independence. Threats would not be elevated to an unacceptable level if the accountant performs any of the following services (A CPA may): * Installation or integration of a client’s financial information system that was designed or developed by parties other than the accountant; * Assisting the client in establishing a chart of accounts and formats for financial statements in the client’s financial information system; * Designing, developing, installing, or integrating an information system that is not related to the client’s accounting records or financial statements; * Training or instructing client employees in regard to the information and control systems; or * Performing network maintenance, updating virus protection, applying routine updates and patches, or configuring user settings based on requests from management.

Question 156

Performing information systems design, implementation, or integration services affect the management participation and self-review threats to the accountant’s independence. Threats would not be elevated to an ___________ level if the accountant performs any of the following services (A CPA may): * Installation or integration of a client’s financial information system that was designed or developed by parties other than the accountant; * Assisting the client in establishing a chart of accounts and formats for financial statements in the client’s financial information system; * Designing, developing, installing, or integrating an information system that is not related to the client’s accounting records or financial statements; * Training or instructing client employees in regard to the information and control systems; or * Performing network maintenance, updating virus protection, applying routine updates and patches, or configuring user settings based on requests from management.

Answer 156

Information Systems Design, Implementation, or Integration Performing information systems design, implementation, or integration services affect the management participation and self-review threats to the accountant’s independence. Threats would not be elevated to an unacceptable level if the accountant performs any of the following services (A CPA may): * Installation or integration of a client’s financial information system that was designed or developed by parties other than the accountant; * Assisting the client in establishing a chart of accounts and formats for financial statements in the client’s financial information system; * Designing, developing, installing, or integrating an information system that is not related to the client’s accounting records or financial statements; * Training or instructing client employees in regard to the information and control systems; or * Performing network maintenance, updating virus protection, applying routine updates and patches, or configuring user settings based on requests from management.

Question 157

Information Systems Design, Implementation, or Integration Threats to independence would be at an unacceptable level and would not be able to be reduced to an acceptable level by safeguards if the accountant (Cannot do): • Designs or develops the c____’s financial information system;

Answer 157

if the accountant (Cannot do): • Designs or develops the client’s financial information system;

Question 158

Information Systems Design, Implementation, or Integration Threats to independence would be at an unacceptable level and would not be able to be reduced to an acceptable level by safeguards if the accountant (Cannot do): • D_____s or develops the client’s financial information system;

Answer 158

if the accountant (Cannot do): • Designs or develops the client’s financial information system;

Question 159

Information Systems Design, Implementation, or Integration Threats to independence would be at an unacceptable level and would not be able to be reduced to an acceptable level by safeguards if the accountant (Cannot do): • Makes m_________s to source code related to the client’s financial information system, unless inconsequential;

Answer 159

Information Systems Design, Implementation, or Integration Threats to independence would be at an unacceptable level and would not be able to be reduced to an acceptable level by safeguards if the accountant (Cannot do): • Makes modifications to source code related to the client’s financial information system, unless inconsequential;

Question 160

Information Systems Design, Implementation, or Integration Threats to independence would be at an unacceptable level and would not be able to be reduced to an acceptable level by safeguards if the accountant (Cannot do): • Makes modifications to source c____ related to the client’s financial information system, unless inconsequential;

Answer 160

if the accountant (Cannot do): • Makes modifications to source code related to the client’s financial information system, unless inconsequential;

Question 161

Information Systems Design, Implementation, or Integration Threats to independence would be at an unacceptable level and would not be able to be reduced to an acceptable level by safeguards if the accountant (Cannot do): • Makes modifications to source code related to the client’s f_______ information system, unless inconsequential;

Answer 161

if the accountant (Cannot do): • Makes modifications to source code related to the client’s financial information system, unless inconsequential;

Question 162

Information Systems Design, Implementation, or Integration Threats to independence would be at an unacceptable level and would not be able to be reduced to an acceptable level by safeguards if the accountant (Cannot do): • Makes modifications to source code related to the client’s financial information system, unless incons_______l;

Answer 162

if the accountant (Cannot do): • Makes modifications to source code related to the client’s financial information system, unless inconsequential;

Question 163

Information Systems Design, Implementation, or Integration Threats to independence would be at an unacceptable level and would not be able to be reduced to an acceptable level by safeguards if the accountant (Cannot do): * Sup_____s client personnel in the operation of the client’s financial information system; or * Operates a c____ network.

Answer 163

Information Systems Design, Implementation, or Integration Threats to independence would be at an unacceptable level and would not be able to be reduced to an acceptable level by safeguards if the accountant (Cannot do): * Supervises client personnel in the operation of the client’s financial information system; or * Operates a client network.

Question 164

Information Systems Design, Implementation, or Integration Threats to independence would be at an unacceptable level and would not be able to be reduced to an acceptable level by safeguards if the accountant (Cannot do): * Supervises client personnel in the operation of the client’s f_______ information system; or * Operates a client n_______.

Answer 164

if the accountant (Cannot do): * Supervises client personnel in the operation of the client’s financial information system; or * Operates a client network.

Question 165

Information Systems Design, Implementation, or Integration Threats to independence would be at an unacceptable level and would not be able to be reduced to an acceptable level by safeguards if the accountant (Cannot do): * Supervises client pe_______ in the operation of the client’s financial information system; or * Op_____s a client network.

Answer 165

if the accountant (Cannot do): * Supervises client personnel in the operation of the client’s financial information system; or * Operates a client network.

Question 166

Information Systems Design, Implementation, or Integration Threats to independence would be at an unacceptable level and would not be able to be reduced to an acceptable level by safeguards if the accountant (Cannot do): * Supervises client personnel in the op_______ of the client’s financial information system; or * Operates a client network.

Answer 166

if the accountant (Cannot do): * Supervises client personnel in the operation of the client’s financial information system; or * Operates a client network.

Question 167

Information Systems Design, Implementation, or Integration Threats to independence would be at an un________ level and would not be able to be reduced to an acceptable level by safeguards if the accountant (Cannot do): * Designs or develops the client’s financial information system; * Makes modifications to source code related to the client’s financial information system, unless inconsequential; * Supervises client personnel in the operation of the client’s financial information system; or * Operates a client network.

Answer 167

Information Systems Design, Implementation, or Integration Threats to independence would be at an unacceptable level and would not be able to be reduced to an acceptable level by safeguards if the accountant (Cannot do): * Designs or develops the client’s financial information system; * Makes modifications to source code related to the client’s financial information system, unless inconsequential; * Supervises client personnel in the operation of the client’s financial information system; or * Operates a client network.

Question 168

I______ audit services consist of assisting the client in its internal audit, or internal control activities.

Answer 168

Internal Audit Internal audit services consist of assisting the client in its internal audit, or internal control activities.

Question 169

Internal a____ services consist of assisting the client in its internal audit, or internal control activities.

Answer 169

Internal Audit Internal audit services consist of assisting the client in its internal audit, or internal control activities.

Question 170

Internal audit services consist of a____ing the client in its internal audit, or internal control activities.

Answer 170

Internal Audit Internal audit services consist of assisting the client in its internal audit, or internal control activities.

Question 171

Internal audit services consist of assisting the client in its i______ audit, or internal c_____ activities.

Answer 171

Internal Audit Internal audit services consist of assisting the client in its internal audit, or internal control activities.

Question 172

Internal audit services consist of assisting the c____ in its internal audit, or internal control activities.

Answer 172

Internal Audit Internal audit services consist of assisting the client in its internal audit, or internal control activities.

Question 173

Internal Audit Internal audit services consist of assisting the client in its internal audit, or internal control activities. If a client outs_____es its internal control activities to the accountant, such that the accountant essentially manages the client’s internal audit activities, including accepting responsibility for the design, implementation, and maintenance (DIM) of internal control, threats to independence would not be at an acceptable level and applying safeguards could not reduce threats to an acceptable level.

Answer 173

Internal Audit Internal audit services consist of assisting the client in its internal audit, or internal control activities. If a client outsources its internal control activities to the accountant, such that the accountant essentially manages the client’s internal audit activities, including accepting responsibility for the design, implementation, and maintenance (DIM) of internal control, threats to independence would not be at an acceptable level and applying safeguards could not reduce threats to an acceptable level.

Question 174

Internal audit services consist of assisting the client in its internal audit, or internal control activities. If a client outsources its i______ control activities to the accountant, such that the accountant essentially manages the client’s i______ audit activities, including accepting responsibility for the design, implementation, and maintenance (DIM) of internal control, threats to independence would not be at an acceptable level and applying s________s could not reduce threats to an acceptable level.

Answer 174

Internal Audit Internal audit services consist of assisting the client in its internal audit, or internal control activities. If a client outsources its internal control activities to the accountant, such that the accountant essentially manages the client’s internal audit activities, including accepting responsibility for the design, implementation, and maintenance (DIM) of internal control, threats to independence would not be at an acceptable level and applying safeguards could not reduce threats to an acceptable level.

Question 175

Internal audit services consist of assisting the client in its internal audit, or internal control activities. If a client outsources its internal control activities to the accountant, such that the accountant essentially ma_____s the client’s internal audit activities, including accepting r_________y for the design, implementation, and maintenance (DIM) of internal control, threats to independence would not be at an acceptable level and applying safeguards could not reduce threats to an acceptable level.

Answer 175

Internal Audit Internal audit services consist of assisting the client in its internal audit, or internal control activities. If a client outsources its internal control activities to the accountant, such that the accountant essentially manages the client’s internal audit activities, including accepting responsibility for the design, implementation, and maintenance (DIM) of internal control, threats to independence would not be at an acceptable level and applying safeguards could not reduce threats to an acceptable level.

Question 176

Internal audit services consist of assisting the client in its internal audit, or internal control activities. If a client outsources its internal control activities to the accountant, such that the accountant essentially manages the client’s internal audit a____ies, including a_____ing responsibility for the design, implementation, and maintenance (DIM) of internal control, threats to independence would not be at an acceptable level and applying safeguards could not reduce threats to an acceptable level.

Answer 176

Internal Audit Internal audit services consist of assisting the client in its internal audit, or internal control activities. If a client outsources its internal control activities to the accountant, such that the accountant essentially manages the client’s internal audit activities, including accepting responsibility for the design, implementation, and maintenance (DIM) of internal control, threats to independence would not be at an acceptable level and applying safeguards could not reduce threats to an acceptable level.

Question 177

Internal Audit Internal audit services consist of assisting the client in its internal audit, or internal control activities. If a client outsources its internal control activities to the accountant, such that the accountant essentially manages the client’s internal audit activities, including accepting responsibility for the d_____n, im__________n, and main_______ (DIM) of internal control, threats to independence would not be at an acceptable level and applying safeguards could not reduce threats to an acceptable level.

Answer 177

Internal Audit Internal audit services consist of assisting the client in its internal audit, or internal control activities. If a client outsources its internal control activities to the accountant, such that the accountant essentially manages the client’s internal audit activities, including accepting responsibility for the design, implementation, and maintenance (DIM) of internal control, threats to independence would not be at an acceptable level and applying safeguards could not reduce threats to an acceptable level.

Question 178

Internal Audit Other than outsourcing services, the CPA may assist the client in performing financial and operational internal audit ac____ies provided, to the accountant’s satisfaction, management: • Designates someone to be responsible for the internal audit function who possesses suitable skills, knowledge, and experience, preferably from within senior management;

Answer 178

Internal Audit Other than outsourcing services, the CPA may assist the client in performing financial and operational internal audit activities provided, to the accountant’s satisfaction, management: • Designates someone to be responsible for the internal audit function who possesses suitable skills, knowledge, and experience, preferably from within senior management;

Question 179

Internal Audit Other than outsourcing services, the CPA may assist the client in per___ing financial and operational i______ audit activities provided, to the accountant’s satisfaction, management: • Designates someone to be responsible for the i_____ audit function who possesses suitable skills, knowledge, and experience, preferably from within senior management;

Answer 179

Internal Audit Other than outsourcing services, the CPA may assist the client in performing financial and operational internal audit activities provided, to the accountant’s satisfaction, management: • Designates someone to be responsible for the internal audit function who possesses suitable skills, knowledge, and experience, preferably from within senior management;

Question 180

Internal Audit Other than outsourcing services, the CPA may assist the client in performing f_______ and op________ internal audit activities provided, to the accountant’s satisfaction, management: • Designates someone to be responsible for the internal audit function who possesses suitable skills, knowledge, and experience, preferably from within senior management;

Answer 180

Internal Audit Other than outsourcing services, the CPA may assist the client in performing financial and operational internal audit activities provided, to the accountant’s satisfaction, management: • Designates someone to be responsible for the internal audit function who possesses suitable skills, knowledge, and experience, preferably from within senior management;

Question 181

Internal Audit Other than outsourcing services, the CPA may assist the client in performing financial and operational internal audit activities provided, to the accountant’s sa______n, management: • Designates someone to be responsible for the internal audit function who possesses suitable skills, knowledge, and experience, preferably from within senior management;

Answer 181

Internal Audit Other than outsourcing services, the CPA may assist the client in performing financial and operational internal audit activities provided, to the accountant’s satisfaction, management: • Designates someone to be responsible for the internal audit function who possesses suitable skills, knowledge, and experience, preferably from within senior management;

Question 182

Internal Audit Other than outsourcing services, the CPA may assist the client in performing financial and operational internal audit activities provided, to the accountant’s satisfaction, management: • Des_______s someone to be responsible for the internal audit function who possesses suitable skills, knowledge, and experience, preferably from within senior management;

Answer 182

Internal Audit Other than outsourcing services, the CPA may assist the client in performing financial and operational internal audit activities provided, to the accountant’s satisfaction, management: • Designates someone to be responsible for the internal audit function who possesses suitable skills, knowledge, and experience, preferably from within senior management;

Question 183

Internal Audit Other than outsourcing services, the CPA may assist the client in performing financial and operational internal audit activities provided, to the accountant’s satisfaction, management: • Designates someone to be r________ for the internal audit function who possesses suitable skills, knowledge, and experience, preferably from within senior management;

Answer 183

Internal Audit Other than outsourcing services, the CPA may assist the client in performing financial and operational internal audit activities provided, to the accountant’s satisfaction, management: • Designates someone to be responsible for the internal audit function who possesses suitable skills, knowledge, and experience, preferably from within senior management;

Question 184

Internal Audit Other than outsourcing services, the CPA may assist the client in performing financial and operational internal audit activities provided, to the accountant’s satisfaction, management: • Designates someone to be responsible for the internal audit function who possesses suitable s____s, knowledge, and ex________, preferably from within senior m__________;

Answer 184

Internal Audit Other than outsourcing services, the CPA may assist the client in performing financial and operational internal audit activities provided, to the accountant’s satisfaction, management: • Designates someone to be responsible for the internal audit function who possesses suitable skills, knowledge, and experience, preferably from within senior management;

Question 185

Internal Audit Other than outsourcing services, the CPA may assist the client in performing financial and operational internal audit activities provided, to the accountant’s satisfaction, management: • Designates someone to be responsible for the internal audit function who possesses suitable skills, kn_______, and experience, preferably from within senior management;

Answer 185

Internal Audit Other than outsourcing services, the CPA may assist the client in performing financial and operational internal audit activities provided, to the accountant’s satisfaction, management: • Designates someone to be responsible for the internal audit function who possesses suitable skills, knowledge, and experience, preferably from within senior management;

Question 186

Internal Audit Other than outsourcing services, the CPA may assist the client in performing financial and operational internal audit activities provided, to the accountant’s satisfaction, management: • Makes all d_______s regarding the scope, risk, and frequency of internal control activities, including those performed by the CPA or by others;

Answer 186

Internal Audit Other than outsourcing services, the CPA may assist the client in performing financial and operational internal audit activities provided, to the accountant’s satisfaction, management: • Makes all decisions regarding the scope, risk, and frequency of internal control activities, including those performed by the CPA or by others;

Question 187

Internal Audit Other than outsourcing services, the CPA may assist the client in performing financial and operational internal audit activities provided, to the accountant’s satisfaction, management: • Makes all decisions regarding the sc___, risk, and frequency of internal control activities, including those performed by the CPA or by others;

Answer 187

Internal Audit Other than outsourcing services, the CPA may assist the client in performing financial and operational internal audit activities provided, to the accountant’s satisfaction, management: • Makes all decisions regarding the scope, risk, and frequency of internal control activities, including those performed by the CPA or by others;

Question 188

Internal Audit Other than outsourcing services, the CPA may assist the client in performing financial and operational internal audit activities provided, to the accountant’s satisfaction, management: • Makes all decisions regarding the scope, r__k, and frequency of internal control activities, including those performed by the CPA or by others;

Answer 188

Internal Audit Other than outsourcing services, the CPA may assist the client in performing financial and operational internal audit activities provided, to the accountant’s satisfaction, management: • Makes all decisions regarding the scope, risk, and frequency of internal control activities, including those performed by the CPA or by others;

Question 189

Internal Audit Other than outsourcing services, the CPA may assist the client in performing financial and operational internal audit activities provided, to the accountant’s satisfaction, management: • Makes all decisions regarding the scope, risk, and fr_______y of internal control activities, including those performed by the CPA or by others;

Answer 189

Internal Audit Other than outsourcing services, the CPA may assist the client in performing financial and operational internal audit activities provided, to the accountant’s satisfaction, management: • Makes all decisions regarding the scope, risk, and frequency of internal control activities, including those performed by the CPA or by others;

Question 190

Internal Audit Other than outsourcing services, the CPA may assist the client in performing financial and operational internal audit activities provided, to the accountant’s satisfaction, management: • Makes a__ decisions regarding the scope, risk, and frequency of internal control activities, including those performed by the CPA or by others;

Answer 190

Internal Audit Other than outsourcing services, the CPA may assist the client in performing financial and operational internal audit activities provided, to the accountant’s satisfaction, management: • Makes all decisions regarding the scope, risk, and frequency of internal control activities, including those performed by the CPA or by others;

Question 191

Internal Audit Other than outsourcing services, the CPA may assist the client in performing financial and operational internal audit activities provided, to the accountant’s satisfaction, management: • Ev______s all findings and results that emanate from the internal audit activities, whether performed by the accountant or others;

Answer 191

Internal Audit Other than outsourcing services, the CPA may assist the client in performing financial and operational internal audit activities provided, to the accountant’s satisfaction, management: • Evaluates all findings and results that emanate from the internal audit activities, whether performed by the accountant or others;

Question 192

Internal Audit Other than outsourcing services, the CPA may assist the client in performing financial and operational internal audit activities provided, to the accountant’s satisfaction, management: • Evaluates all f______s and results that emanate from the internal audit activities, whether performed by the accountant or others;

Answer 192

Internal Audit Other than outsourcing services, the CPA may assist the client in performing financial and operational internal audit activities provided, to the accountant’s satisfaction, management: • Evaluates all findings and results that emanate from the internal audit activities, whether performed by the accountant or others;

Question 193

Internal Audit Other than outsourcing services, the CPA may assist the client in performing financial and operational internal audit activities provided, to the accountant’s satisfaction, management: • Evaluates all findings and results that emanate from the internal audit activities, whether performed by the acc_______ or others;

Answer 193

Internal Audit Other than outsourcing services, the CPA may assist the client in performing financial and operational internal audit activities provided, to the accountant’s satisfaction, management: • Evaluates all findings and results that emanate from the internal audit activities, whether performed by the accountant or others;

Question 194

Internal Audit Other than outsourcing services, the CPA may assist the client in performing financial and operational internal audit activities provided, to the accountant’s satisfaction, management: • Evaluates all findings and results that emanate from the internal audit activities, whether per____ed by the accountant or others;

Answer 194

Internal Audit Other than outsourcing services, the CPA may assist the client in performing financial and operational internal audit activities provided, to the accountant’s satisfaction, management: • Evaluates all findings and results that emanate from the internal audit activities, whether performed by the accountant or others;

Question 195

Internal Audit Other than outsourcing services, the CPA may assist the client in performing financial and operational internal audit activities provided, to the accountant’s satisfaction, management: • Eva____ the adequacy of the procedures performed and the results of those procedures.

Answer 195

Internal Audit Other than outsourcing services, the CPA may assist the client in performing financial and operational internal audit activities provided, to the accountant’s satisfaction, management: • Evaluate the adequacy of the procedures performed and the results of those procedures.

Question 196

Internal Audit Other than outsourcing services, the CPA may assist the client in performing financial and operational internal audit activities provided, to the accountant’s satisfaction, management: • Evaluate the ad_____y of the procedures performed and the results of those procedures.

Answer 196

Internal Audit Other than outsourcing services, the CPA may assist the client in performing financial and operational internal audit activities provided, to the accountant’s satisfaction, management: • Evaluate the adequacy of the procedures performed and the results of those procedures.

Question 197

Internal Audit Other than outsourcing services, the CPA may assist the client in performing financial and operational internal audit activities provided, to the accountant’s satisfaction, management: • Evaluate the adequacy of the procedures performed and the r____s of those procedures.

Answer 197

Internal Audit Other than outsourcing services, the CPA may assist the client in performing financial and operational internal audit activities provided, to the accountant’s satisfaction, management: • Evaluate the adequacy of the procedures performed and the results of those procedures.

Question 198

Internal Audit Other than outsourcing services, the CPA may assist the client in performing financial and operational internal audit activities provided, to the accountant’s satisfaction, management: • Evaluate the adequacy of the procedures per____ed and the results of those procedures.

Answer 198

Internal Audit Other than outsourcing services, the CPA may assist the client in performing financial and operational internal audit activities provided, to the accountant’s satisfaction, management: • Evaluate the adequacy of the procedures performed and the results of those procedures.

Question 199

Internal Audit Other than outsourcing services, the CPA may assist the client in performing financial and operational internal audit activities provided, to the accountant’s satisfaction, management: • Evaluate the adequacy of the pro______s performed and the results of those pro______s.

Answer 199

Internal Audit Other than outsourcing services, the CPA may assist the client in performing financial and operational internal audit activities provided, to the accountant’s satisfaction, management: • Evaluate the adequacy of the procedures performed and the results of those procedures.

Question 200

Internal Audit Other than outs____ing services, the CPA may assist the client in performing financial and operational internal audit activities provided, to the accountant’s satisfaction, management: * Designates someone to be responsible for the internal audit function who possesses suitable skills, knowledge, and experience, preferably from within senior management; * Makes all decisions regarding the scope, risk, and frequency of internal control activities, including those performed by the CPA or by others; * Evaluates all findings and results that emanate from the internal audit activities, whether performed by the accountant or others; and * Evaluate the adequacy of the procedures performed and the results of those procedures.

Answer 200

Internal Audit Other than outsourcing services, the CPA may assist the client in performing financial and operational internal audit activities provided, to the accountant’s satisfaction, management: * Designates someone to be responsible for the internal audit function who possesses suitable skills, knowledge, and experience, preferably from within senior management; * Makes all decisions regarding the scope, risk, and frequency of internal control activities, including those performed by the CPA or by others; * Evaluates all findings and results that emanate from the internal audit activities, whether performed by the accountant or others; and * Evaluate the adequacy of the procedures performed and the results of those procedures.

Question 201

Internal Audit Activities that the CPA may not perform include: • Performing ongoing evaluations or control activities that affect either the execution of transactions or ensuring that they are properly executed and accounted for;

Answer 201

Internal Audit Activities that the CPA may not perform without raising threats to an unacceptable level, without the ability to reduce them to an acceptable level by applying safeguards, include: • Performing ongoing evaluations or control activities that affect either the execution of transactions or ensuring that they are properly executed and accounted for;

Question 202

Internal Audit Activities that the CPA may not perform include: • Performing ongoing ev_________s or control activities that affect either the execution of transactions or ensuring that they are properly executed and accounted for;

Answer 202

Internal Audit Activities that the CPA may not perform include: • Performing ongoing evaluations or control activities that affect either the execution of transactions or ensuring that they are properly executed and accounted for;

Question 203

Internal Audit Activities that the CPA may not perform include: • Performing ongoing evaluations or c______ activities that affect either the execution of transactions or ensuring that they are properly executed and accounted for;

Answer 203

Internal Audit Activities that the CPA may not perform include: • Performing ongoing evaluations or control activities that affect either the execution of transactions or ensuring that they are properly executed and accounted for;

Question 204

Internal Audit Activities that the CPA may not perform include: • Performing ongoing evaluations or control activities that affect either the execution of transactions or ensuring that they are properly ex____ed and accounted for;

Answer 204

Internal Audit Activities that the CPA may not perform include: • Performing ongoing evaluations or control activities that affect either the execution of transactions or ensuring that they are properly executed and accounted for;

Question 205

Internal Audit Activities that the CPA may not perform include: • Performing on____g evaluations or control activities that affect either the execution of transactions or ensuring that they are properly executed and accounted for;

Answer 205

Internal Audit Activities that the CPA may not perform include: • Performing ongoing evaluations or control activities that affect either the execution of transactions or ensuring that they are properly executed and accounted for;

Question 206

Internal Audit Activities that the CPA may not perform include: • Performing routine activities related to an ongoing comp______e or quality control function in connection with client operating or production processes;

Answer 206

Internal Audit Activities that the CPA may not perform include: • Performing routine activities related to an ongoing compliance or quality control function in connection with client operating or production processes;

Question 207

Internal Audit Activities that the CPA may not perform include: • Performing routine activities related to an ongoing compliance or q_____y control function in connection with client operating or production processes;

Answer 207

Internal Audit Activities that the CPA may not perform include: • Performing routine activities related to an ongoing compliance or quality control function in connection with client operating or production processes;

Question 208

Internal Audit Activities that the CPA may not perform include: • Performing routine activities related to an ongoing compliance or quality control function in connection with client operating or pro_____n processes;

Answer 208

Internal Audit Activities that the CPA may not perform include: • Performing routine activities related to an ongoing compliance or quality control function in connection with client operating or production processes;

Question 209

Internal Audit Activities that the CPA may not perform include: • Performing routine activities related to an ongoing compliance or quality control function in connection with client op____ing or production processes;

Answer 209

Internal Audit Activities that the CPA may not perform include: • Performing routine activities related to an ongoing compliance or quality control function in connection with client operating or production processes;

Question 210

Internal Audit Activities that the CPA may not perform include: • Performing routine activities related to an on__ing compliance or quality control function in connection with client operating or production processes;

Answer 210

Internal Audit Activities that the CPA may not perform include: • Performing routine activities related to an ongoing compliance or quality control function in connection with client operating or production processes;

Question 211

Internal Audit Activities that the CPA may not perform include: • Performing routine ope____ns built into the client’s business process, such as separate evaluations on the effectiveness of specific significant controls;

Answer 211

Internal Audit Activities that the CPA may not perform include: • Performing routine operations built into the client’s business process, such as separate evaluations on the effectiveness of specific significant controls;

Question 212

Internal Audit Activities that the CPA may not perform include: • Performing rou____ operations built into the client’s business process, such as separate evaluations on the effectiveness of specific significant controls;

Answer 212

Internal Audit Activities that the CPA may not perform include: • Performing routine operations built into the client’s business process, such as separate evaluations on the effectiveness of specific significant controls;

Question 213

Internal Audit Activities that the CPA may not perform include: • Performing routine operations built into the client’s b_____s process, such as separate evaluations on the effectiveness of specific significant controls;

Answer 213

Internal Audit Activities that the CPA may not perform include: • Performing routine operations built into the client’s business process, such as separate evaluations on the effectiveness of specific significant controls;

Question 214

Internal Audit Activities that the CPA may not perform include: • Performing routine operations built into the client’s business process, such as separate evaluations on the effectiveness of specific significant c_____s;

Answer 214

Internal Audit Activities that the CPA may not perform include: • Performing routine operations built into the client’s business process, such as separate evaluations on the effectiveness of specific significant controls;

Question 215

Internal Audit Activities that the CPA may not perform include: • Performing routine operations built into the client’s business process, such as separate eva_____s on the effectiveness of specific significant controls;

Answer 215

Internal Audit Activities that the CPA may not perform include: • Performing routine operations built into the client’s business process, such as separate evaluations on the effectiveness of specific significant controls;

Question 216

Internal Audit Activities that the CPA may not perform include: • Performing routine operations built into the client’s business process, such as separate evaluations on the effectiveness of specific si_______t controls;

Answer 216

Internal Audit Activities that the CPA may not perform include: • Performing routine operations built into the client’s business process, such as separate evaluations on the effectiveness of specific significant controls;

Question 217

Internal Audit Activities that the CPA may not perform include: • Providing the primary basis for management’s ass_____s regarding the design or operating effectiveness of internal controls;

Answer 217

Internal Audit Activities that the CPA may not perform include: • Providing the primary basis for management’s assertions regarding the design or operating effectiveness of internal controls;

Question 218

Internal Audit Activities that the CPA may not perform include: • Providing the primary basis for management’s assertions regarding the design or operating effectiveness of internal c_____s;

Answer 218

Internal Audit Activities that the CPA may not perform include: • Providing the primary basis for management’s assertions regarding the design or operating effectiveness of internal controls;

Question 219

Internal Audit Activities that the CPA may not perform include: • Providing the primary basis for management’s assertions regarding the de____ or operating eff______ss of internal controls;

Answer 219

Internal Audit Activities that the CPA may not perform include: • Providing the primary basis for management’s assertions regarding the design or operating effectiveness of internal controls;

Question 220

Internal Audit Activities that the CPA may not perform include: • Providing the p____ry basis for management’s assertions regarding the design or operating effectiveness of internal controls;

Answer 220

Internal Audit Activities that the CPA may not perform include: • Providing the primary basis for management’s assertions regarding the design or operating effectiveness of internal controls;

Question 221

Internal Audit Activities that the CPA may not perform include: • Determining which re____________s for the improvement of the client’s internal control system should be implemented, if any;

Answer 221

Internal Audit Activities that the CPA may not perform include: • Determining which recommendations for the improvement of the client’s internal control system should be implemented, if any;

Question 222

Internal Audit Activities that the CPA may not perform include: • De______ing which recommendations for the improvement of the client’s internal control system should be implemented, if any;

Answer 222

Internal Audit Activities that the CPA may not perform include: • Determining which recommendations for the improvement of the client’s internal control system should be implemented, if any;

Question 223

Internal Audit Activities that the CPA may not perform include: • Determining which recommendations for the imp_______ of the client’s internal control system should be implemented, if any;

Answer 223

Internal Audit Activities that the CPA may not perform include: • Determining which recommendations for the improvement of the client’s internal control system should be implemented, if any;

Question 224

Internal Audit Activities that the CPA may not perform include: • Determining which recommendations for the improvement of the client’s internal control system should be im_________ed, if any;

Answer 224

Internal Audit Activities that the CPA may not perform include: • Determining which recommendations for the improvement of the client’s internal control system should be implemented, if any;

Question 225

Internal Audit Activities that the CPA may not perform include: * Reporting to the board of directors on behalf of m_________ in regard to the internal control function; * Taking r_________y for, or approving, the internal audit work plan, including scope, priorities, and frequency of performance; or * Taking a m_________ role in relation to the client.

Answer 225

Internal Audit Activities that the CPA may not perform include: * Reporting to the board of directors on behalf of management in regard to the internal control function; * Taking responsibility for, or approving, the internal audit work plan, including scope, priorities, and frequency of performance; or * Taking a management role in relation to the client.

Question 226

Internal Audit Activities that the CPA may not perform include: * Re____ing to the board of directors on behalf of management in regard to the internal control function; * Taking responsibility for, or ap____ing, the internal audit work plan, including scope, priorities, and frequency of performance; or * Taking a management role in relation to the c____.

Answer 226

Internal Audit Activities that the CPA may not perform include: * Reporting to the board of directors on behalf of management in regard to the internal control function; * Taking responsibility for, or approving, the internal audit work plan, including scope, priorities, and frequency of performance; or * Taking a management role in relation to the client.

Question 227

Internal Audit Activities that the CPA may not perform include: * Reporting to the b____ of directors on behalf of management in regard to the internal control function; * Taking responsibility for, or approving, the i_____ audit work plan, including scope, priorities, and frequency of performance; or * T__ing a management role in relation to the client.

Answer 227

Internal Audit Activities that the CPA may not perform include: * Reporting to the board of directors on behalf of management in regard to the internal control function; * Taking responsibility for, or approving, the internal audit work plan, including scope, priorities, and frequency of performance; or * Taking a management role in relation to the client.

Question 228

Internal Audit Activities that the CPA may not perform include: * Reporting to the board of directors on behalf of management in regard to the internal control function; * Taking responsibility for, or approving, the internal audit work p__n, including sc___, priorities, and fre____y of performance; or * Taking a management role in relation to the client.

Answer 228

Internal Audit Activities that the CPA may not perform include: * Reporting to the board of directors on behalf of management in regard to the internal control function; * Taking responsibility for, or approving, the internal audit work plan, including scope, priorities, and frequency of performance; or * Taking a management role in relation to the client.

Question 229

Internal Audit Ac___ies that the CPA may NOT perform include: * Performing ongoing evaluations or control activities that affect either the execution of transactions or ensuring that they are properly executed and accounted for; * Performing routine activities related to an ongoing compliance or quality control function in connection with client operating or production processes; * Performing routine operations built into the client’s business process, such as separate evaluations on the effectiveness of specific significant controls; * Providing the primary basis for management’s assertions regarding the design or operating effectiveness of internal controls; * Determining which recommendations for the improvement of the client’s internal control system should be implemented, if any; * Reporting to the board of directors on behalf of management in regard to the internal control function; * Taking responsibility for, or approving, the internal audit work plan, including scope, priorities, and frequency of performance; or * Taking a management role in relation to the client.

Answer 229

Internal Audit Activities that the CPA may not perform without raising threats to an unacceptable level, without the ability to reduce them to an acceptable level by applying safeguards, include: * Performing ongoing evaluations or control activities that affect either the execution of transactions or ensuring that they are properly executed and accounted for; * Performing routine activities related to an ongoing compliance or quality control function in connection with client operating or production processes; * Performing routine operations built into the client’s business process, such as separate evaluations on the effectiveness of specific significant controls; * Providing the primary basis for management’s assertions regarding the design or operating effectiveness of internal controls; * Determining which recommendations for the improvement of the client’s internal control system should be implemented, if any; * Reporting to the board of directors on behalf of management in regard to the internal control function; * Taking responsibility for, or approving, the internal audit work plan, including scope, priorities, and frequency of performance; or * Taking a management role in relation to the client.

Question 230

Internal Audit Evaluating whether components of a client’s internal control system have been put in place and are operating properly is part of the mo_____ing process.

Answer 230

Internal Audit Evaluating whether components of a client’s internal control system have been put in place and are operating properly is part of the monitoring process.

Question 231

Internal Audit Eva____ing whether components of a client’s internal control system have been put in place and are operating properly is part of the monitoring process.

Answer 231

Internal Audit Evaluating whether components of a client’s internal control system have been put in place and are operating properly is part of the monitoring process.

Question 232

Internal Audit Evaluating whether components of a client’s internal control system have been put in place and are operating properly is part of the monitoring process. On__ing evaluations that are incorporated in the client’s system are the r___________y of management and would raise the management participation threat to an unacceptable level that could not be adequately reduced by the application of safeguards.

Answer 232

Internal Audit Evaluating whether components of a client’s internal control system have been put in place and are operating properly is part of the monitoring process. Ongoing evaluations that are incorporated in the client’s system are the responsibility of management and would raise the management participation threat to an unacceptable level that could not be adequately reduced by the application of safeguards.

Question 233

Internal Audit Evaluating whether components of a client’s internal control system have been put in place and are operating properly is part of the monitoring process. Ongoing evaluations that are incorporated in the client’s system are the responsibility of management and would raise the management participation threat to an unacceptable level that could not be adequately reduced by the application of safeguards. The performance of separate evaluations, applied periodically to determine if controls are present and functioning, do not create a si_________ management participation threat to independence.

Answer 233

Internal Audit Evaluating whether components of a client’s internal control system have been put in place and are operating properly is part of the monitoring process. Ongoing evaluations that are incorporated in the client’s system are the responsibility of management and would raise the management participation threat to an unacceptable level that could not be adequately reduced by the application of safeguards. The performance of separate evaluations, applied periodically to determine if controls are present and functioning, do not create a significant management participation threat to independence.

Question 234

Internal Audit Evaluating whether components of a client’s internal control system have been put in place and are operating properly is part of the monitoring process. Ongoing evaluations that are incorporated in the client’s system are the responsibility of management and would raise the management participation threat to an unacceptable level that could not be adequately reduced by the application of safeguards. The performance of separate eva_______s, applied periodically to determine if controls are present and functioning, do not create a significant management participation threat to independence.

Answer 234

The performance of separate evaluations, applied periodically to determine if controls are present and functioning, do not create a significant management participation threat to independence.

Question 235

Internal Audit Evaluating whether components of a client’s internal control system have been put in place and are operating properly is part of the monitoring process. Ongoing evaluations that are incorporated in the client’s system are the responsibility of management and would raise the management participation threat to an unacceptable level that could not be adequately reduced by the application of safeguards. The performance of separate evaluations, applied pe_______ly to determine if controls are present and functioning, do not create a significant management participation threat to independence.

Answer 235

The performance of separate evaluations, applied periodically to determine if controls are present and functioning, do not create a significant management participation threat to independence.

Question 236

Internal Audit Because of the nature of internal audit services, the accountant will be required to apply j________ in determining when threats have been raised to an unacceptable level and whether or not they can be reduced to an acceptable level through the application of safeguards.

Answer 236

Internal Audit Because of the nature of internal audit services, the accountant will be required to apply judgment in determining when threats have been raised to an unacceptable level and whether or not they can be reduced to an acceptable level through the application of safeguards.

Question 237

Internal Audit Because of the nature of internal audit services, the accountant will be required to apply judgment in de______ing when threats have been raised to an unacceptable level and whether or not they can be reduced to an acceptable level through the application of safeguards.

Answer 237

Internal Audit Because of the nature of internal audit services, the accountant will be required to apply judgment in determining when threats have been raised to an unacceptable level and whether or not they can be reduced to an acceptable level through the application of safeguards.

Question 238

Internal Audit Performing services that are normally associated with the att___ function, are not internal audit services and do not impair the accountant’s independence, even when they exceed the scope of the accountant’s responsibilities for the nature of attest service being performed for the client.

Answer 238

Internal Audit Performing services that are normally associated with the attest function, are not internal audit services and do not impair the accountant’s independence, even when they exceed the scope of the accountant’s responsibilities for the nature of attest service being performed for the client.

Question 239

Internal Audit Performing services that are normally associated with the attest function, are not i______ audit services and do not impair the accountant’s independence, even when they exceed the sc____ of the accountant’s responsibilities for the nature of attest service being performed for the client.

Answer 239

Internal Audit Performing services that are normally associated with the attest function, are not internal audit services and do not impair the accountant’s independence, even when they exceed the scope of the accountant’s responsibilities for the nature of attest service being performed for the client.

Question 240

Internal Audit Per____ing services that are normally associated with the attest function, such as confirming accounts receivable or analyzing fluctuations in account balances, are not internal audit services and do not impair the accountant’s independence, even when they exceed the scope of the accountant’s responsibilities for the nature of attest service being performed for the client.

Answer 240

Internal Audit Performing services that are normally associated with the attest function, such as confirming accounts receivable or analyzing fluctuations in account balances, are not internal audit services and do not impair the accountant’s independence, even when they exceed the scope of the accountant’s responsibilities for the nature of attest service being performed for the client.