29. In Campus Sports, which rules were violated?

a. independence in fact

b. independence in appearance

c. improper capitalization of expense

d. all of the above

30. The AICPA committee called the Accounting & Review Services Committee writes auditing standards for compilations and reviews. They are:

a. SASs c. SSARS

b. SSAEs d, GAAS

31. The difference in accounting and auditing is:

a. The accounting department prepares the financials while auditing gathers evidence and issues reports on the financials.

b. Auditing prepares the financials while the accounting department gathers evidence and issues reports on the financials.

c. Both the accounting department and auditing do both functions.

d. The accounting department is more important than the auditing department.

32. In the Generally Accepted Auditing Standards (GAAS), which of the categories is more personal in nature.

a. General Standards

b. Reporting Standards

c. Standards of Field Work

d. All of the Standards