1. Pursuant to the AICPA Code of Conduct, all owners of a CPA firm must be licensed CPAs. r True C False QUESTION 2 1. Internal auditors may not provide assistance to the independent auditor during any stage of an audit becaus internal auditors lack independence. True False QUESTION 3 The standards of the PCAOB are applicable to audits of issuers only. 1. C True False QUESTION 4 1. The categories of audit evidence do not include corroborating evidence. True False QUESTION 5 1. The greater the risk of material misstatement, the more evidence is likely to be required. C True False