1. What two matters are to be considered by the auditor and the client when agreeing the basis on which the audit is to be performed(2 MARKS)

2. Is the following statement True or False?

"For the purposes of Australian Auditing Standards, the applicable financial reportingframework provides the suitable criteria for auditing the financial report."(1 MARK)

3. With reference to the appropriate paragraph of ASA 210, state four factors that are relevant to the auditor's determination of the acceptability of the financial reporting framework chosen by the client.(4 MARKS)