1. Which of the following are covered by the auditors' report? I Statement of cash flows II Statement of financial position III Notes to the statement of comprehensive income and statement of financial A) position I and II only B) I and III only C) II and III only D) I, II and III 2. What is the appropriate time limit for an audit firm to complete the assembly of the final audit file? A) Ordinarily not more than 60 days after the date of the auditor's report B) Ordinarily not more than 30 days after the date of the auditor's report C) Ordinarily not more than 60 days before the date of the auditor's report D) Five years 3. Which of the following is NOT a component of the audit risk model? A) Inherent risk B) Statistical risk C) Detection risk D) Control risk 4. Which of the following audit serves the purpose of evaluating the economy and efficiency with which resources are employed? A) Financial audit B) Compliance audit C) Internal audit D) Governmental audit