1)Auditing has a legal and professional responsibility to be sure that the financial statements are prepared in accordance with reporting requirements of applicable accounting frameworks. ( 2) The auditors primary purpose in auditing the client's system of internal control over financial reporting is: A) To prevent fraudulent financial statements from being issued to the public. B) To evaluate the effectiveness of the company's internal controls are effective in preventing misstatements from appearing on the financial statements. C)To report to management that the internal controls are effective in preventing misstatements from appearing on the financial statements. D) To efficiently conduct the Audit of Financial Statements. 3)The Fraud triangle consists of all of the followings except for: A) Incentives B) Attitudes C) D) Analytical Procedures Opportunities 4) To issue a qualified opinion on internal control over financial reporting, there must be no identified material weaknesses and no restrictions on the scope of the audit. ( ) 5) Without an effective _, the other components of the COSO framework are unlikely to result in effective internal control, regardless of their quality. A) Risk assessment policy B) Monitoring policy C) Control environment D) System of control activities 1