1. A shareholder of a public Canadian firm can have access to the audited financial statements _______.

A.by requesting a copy from the auditors

B.by calling the accounting department of the company

C.if he/she holds more than 1% of the shares of the company

D.on the Internet

2. It is important that the policies, procedures, and key decisions of senior management, the board of directors, and the audit committee be considered when developing a client risk profile because _______.

A.it is required by accounting and auditing standards

B.they have the effect of increasing client business risks

C.they influence the most important decisions for the company

D.they have a pervasive effect on the company

3. Which of the following is an important purpose of an organizational code of ethics and the associated processes to ensure adherence?

A.to provide a powerful signal of acceptable organizational conduct

B.to prevent unethical employees from acting in unacceptable ways

C.to train employees in acceptable conduct at the organization

D.to ensure that there are no fraudulent or illegal transactions at the company