14. Which of the following nonattest services may be performed by the auditors of a public company?

a. consulting

b. tax planning for all company officers

c. bookkeeping services

d. preparation of the companys tax return.

15. In the AICPA Code of Professional Ethics, which level offers the overall framework? In other words, which is the most conciseshortesttop of the pyramidwe discussed this in referring to independence.

a. Rulings

b. Rules

c. Principles

d. Interpretations

16. Independence in Appearance means:

a. to avoid circumstances that would make a third party believe the integrity of the audit has been compromised.

b. a state of mind that permits the CPA to perform the audit without being influenced to compromise professional judgment.

c. to avoid circumstances that would make the CPA performing the audit believe the integrity of the audit has been compromised.

d. a state of mind that permits management who prepare the financial statements from being influenced to compromise professional judgment.

17. Which of the following would NOT impair independence for an accounting firm who also provides both attest and nonattest services to a Non public client?

a. Prepare the payroll tax return form and sign it on behalf of management.

b. Approve employee time cards.

c. Accept responsibility to sign payroll checks, but only in emergency situations.

d. Generate unsigned payroll checks on a continuing basis for the client; the client signs the checks.