1)Turner has just left a big accounting firm to strike out on his own. Which of the following is true regarding new clients and their business that come his way?

If a client asks Turner to perform services that he has no experience providing and would have to do some research to figure out what to do, he must decline the engagement.

If a client asks Turner to perform services that he has no experience providing, but he could seek a specialist's assistance, he could accept the engagement.

If Turner feels out of his depth providing a particular service, but he could just turn it over to a third-party service provider and not worry about it anymore, that would be fine.

It's an uncertain world, but if Turner makes some good faith estimates as to proper advice to render to a client, that is close enough because the AICPA does not expect perfection.

2)Which of the following is a "self review" threat to member independence?

An engagement team member has a spouse that serves as CFO of the attest client.

A second partner review is required on all attest engagements.

An engagement team member prepares invoices for the attest client.

An engagement team member has a direct financial interest in the attest client.