1. Working papers are reviewed at _______ supervisory level(s) of a CPA firm?

a. Some

b. One

c. Every

d. Most

e. Two

2. Managers and partners typically review at the ________ of the engagement timeline?

a. End

b. Planning

c. Commencement

d. Start

e. Middle

3. Concurring partners are often with ______ control standard compliance

a. Internal

b. Quality

c. Inventory

d. External

e. Financial

4. Reviewers are concerned that the _____ all tie together?

a. Sales

b. Numbers

c. Dates

d. Working papers

e. Engagements

5. Reviewers are concerned if immaterial passed misstatements have a _______ material effect?

a. Individual

b. Decreasing

c. Cumulative

d. Positive

e. Negative

6. Many subsequent events may involve the setting of ______

a. Litigation

b. Depreciation

c. Interest

d. Bonds

e. Audits

7. Type 2 subsequent events come into existence _______ the balance sheet date

a. Between

b. Prior to

c. Near

d. After

e. Before

f. Close to

8. Subsequent events need to be disclosed in the financial statements: otherwise the financial statements would be _______

a. Misleading

b. Accurate

c. Audited

d. Fair

e. Precise

9. Type 1 subsequent events require the financial statements to be _____ if needed

a. Audited

b. Adjusted

c. Reissued

d. Compiled

e. Reviewed