11.Which of the following engagements would be considered to carry no assurance

a)Review of internal control

b)Compliance to legislation

c)Report of factual findings

d)Report on a Prospectus

12.Which ethical theory focuses on outcomes?

a)Deontology

b)Teleology

c)Virtue or care

d)Relativism

13.The directors of the Australian Wheat Board followed which ethical theory in their dealings with the Iraqi government?

a)Deontology

b)Teleology

c)Virtue or care

d)Relativism

14.If an auditor accepted tickets to the AFL grand final this would be an example of which ethical threat?

a)Self- review

b)Familiarity

c)Intimidation

d)Professional behaviour

15.If an auditor had a bank loan with their client at market rates this would be an example of which ethical threat:

a)Familiarity

b)Self- review

c)Self interest

d)Not applicable

16.What is the basis of the relative difficulty in removing an auditor:

a)Enhanced independence

b)Improved audit quality

c)Less litigation

d)Too much red tape

17.An external auditor is required to be independent

a)In spirit only

b)In appearance only

c)Both

d)Neither

18.Excessive Fee dependence is an example of

a)Familiarity

b)Self- review

c)Self interest

d)Intimidation

19.The provision of incompatible non-assurance services is an example of

a)Self- review

b)Self interest

c)Intimidation

d)Advocacy