1. Consider the following statements:

I. Clearly trivial and not material are terms that can be used interchangeably.

II. The Lower the dollar amount of (performance) materiality the less audit evidence is required.

a. I is true; II is true

b. I is true; II is false

c. I is false; II is true

d. I is false; II is false

2. Consider the following statements:

I. Per auditing standards, The communication between the old [predecessor] CPA firm and the new [successor] CPA firm is required, and initiated by the new CPA firm.

II. The predecessor auditor might communicate, to the successor auditor, information related to client managements integrity.

a. I is true; II is true

b. I is true; II is false

c. I is false; II is true

d. I is false; II is false

3. Consider the following statements:

I. Types of audit evidence include: Tests of Controls; Substantive procedures; and, Conditional Procedures.

II. One type of substantive procedures is called Test of determination.

a. I is true; II is true

b. I is true; II is false

c. I is false; II is true

d. I is false; II is false