1)Section 302 of the Sarbanes-Oxley Act requires:

a)Management's certification of the financial statements

b)Auditor's independent report

c)Management's report on internal controls

d)Auditor's assessment of management's report on internal controls

2) In which of the following circumstances would a qualified opinion be appropriate?

a)The statements are not in conformity with generally accepted accounting principles regarding stock options plans and but does not have pervasive effect on the financial statements

b)The principal auditors decide to withdraw from the engagement due to distrust of management

c)The statements are not in conformity with generally accepted accounting principles regarding stock options plans and has pervasive effect on the financial statements

d)The auditor has been unable to obtain sufficient competent evidential matter