Question
37. Which was the case where independence was impaired because the CPA in charge of the audit was married to the CAO, who had capitalized
37. Which was the case where independence was impaired because the CPA in charge of the audit was married to the CAO, who had capitalized advertising costs?
a. Enron
b. Worldcom
c. Campus Sports
d. Giles and Regas
e. A Day in the Life of an Auditor
38. Which was the situation where a reporter spent time shadowing the partner in the audit firm to see what he did?
a. Enron
b. Worldcom
c. Campus Sports
d. Giles and Regas
e. A Day in the Life of an Auditor
39. Which was the case of two auditor, a partner and senior, dating within the audit firm, thus violating one of the firms rules?
a. Enron
b. Worldcom
c. Campus Sports
d. Giles and Regas
e. A Day in the Life of an Auditor
40. Which of the following is regarded as a Comfort letter?
a. an examination
b. an agreed upon procedure report
c. an audit of internal control
d. a review
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