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1. Which of the following types of services is generally provided only by CPA firrns? A. Tax audits. B. Financial statement audits. C. Compliance audits.

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1. Which of the following types of services is generally provided only by CPA firrns? A. Tax audits. B. Financial statement audits. C. Compliance audits. D. Operational audits. 2. The right to practice as a CPA is given by which of the following organizations? A. State Boards of Accountancy. B. The AICPA. C. The SEC. D. The General Accounting Office. 3. Which of the following terms best describes the audit of a taxpayer's tax return by an IRS auditor? A. Operational audit. B. Internal audit. C. Compliance audit. D. Government audit. 4. Inquiries and analytical procedures ordinarily form the basis for which type of engagement A. Agreed-upon procedures. B. Audit. C. Examination D. Review 5. Operational auditing is primarily oriented toward: A. Future improvements to accomplish the goals of management. B. The accuracy of data reflected in management's financial records. C. The verification that a company's financial statements are fairly presented. D. Past protection provided by existing internal control

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