1. Which of these statements about quality reviews undertaken by international CPA networks in the Arab world is not true?

Select one:

A. Those carrying out reviews of other firms must be located in the same geographical area where there are common features relating to the accounting and auditing profession.

B. The review includes an evaluation of the internal system of the member, including the firm's working papers and audit manual.

C. Each CPA network carries out an interim review of its members' quality of services using standard practices applied within the network.

D. The member being reviewed selects partners and managers of other member firms within the network to conduct the review.

2. An auditor provides a moderate level of assurance for reviews of interim financial statements so the same level of evidence is needed as for a full audit.

Select one:

A. True

B. False

3. Which one of these following is not covered in the audit evidence section of the International Standards on Auditing?

Select one:

A. Going concern.

B. Analytical procedures.

C. External confirmations.

D. Communication with those charged with governance.

4. Working as a GAO auditor or as an internal auditor fulfils the experience requirement for becoming a licensed accountant in many Arab countries.

Select one:

A. True

B. False