1. George had a conversation with the accounting personnel and documented information about how the accounting systems function. He has also placed copies of accounting forms in his files. George is performing which task? A) accounting procedures B) evidence gathering C) tax audit D) audit report preparation

2. The extent and the scope of the audits conducted by Auditors General are determined by: A) legislation in the Auditor Generals jurisdiction B) audit partner planning audit program development C) the Auditor General and his/her staff D) the financial statement auditors of the client

3. The implementation of the Sarbanes-Oxley requirements in the US resulted in increased independence requirements for the auditors. The impact of this requirement in Canada was A) creation of the CPAB to oversee Canadian audit professionals. B) revisions of the rules of professional conduct for Public Accountants (PAs). C) additional training requirements to become an auditor. D) modification of the type of opinion provided in an assurance engagement by the auditor.

4. How do practice inspections affect the ability of a PA firm to have articling students work at the firm? Practice inspectors A) only permit students to work there if the quality controls are good B) review the ability of the office to provide sufficient, appropriate hours C) require that students work only on audit engagements, not reviews D) consider only work completed by qualified PAs, not students

5. There are three phases in the risk response category of the audit process (design further audit procedures, tests of control, substantive tests). When will the auditor conduct tests of controls? A) when there are poor internal controls B) if the auditor plans to rely upon them C) when a substantive audit approach is selected D) when there are low risks of material error