The following questions deal with generally accepted auditing standards (GAAS) and quality control procedures. Select the one response that is best for each question.

a. The general standard, which states in part that the examination is to be performed by a person or persons having adequate technical training, requires that an auditor have

(1) proficiency in business and financial matters.

(2) ability in planning and supervision of the audit work.

(3) education and experience in the field of auditing.

(4) knowledge in the areas of financial accounting.

b. Which of the following best describes what is meant by generally accepted auditing standards?

(1) Measures of the quality of the auditor's performance.

(2) Acts to be performed by the auditor.

(3) Procedures to be used to gather evidence to support financial statements.

(4) Audit objectives generally determined on audit engagements.

c. The general standard of the generally accepted auditing standards includes a requirement that

(1) field work be adequately planned and supervised.

(2) informative disclosures in the financial statements be reasonably adequate.

(3) due professional care be exercised by the auditor.

(4) the auditor's report state whether or not the financial statements conform to Canadian generally accepted accounting principles.

d. What is the common concern or character of the three generally accepted auditing standards classified as examination standards?

(1) The competence, independence, and professional care of persons performing the audit.

(2) The criteria of audit planning and evidence gathering.

(3) Criteria for the content of the auditor's report on financial statements and related footnote disclosures.

(4) The need to maintain an independence in mental attitude in all matters relating to the audit.