87. Which of the following professional services would be considered an attest engagement ? A. An engagement to reoprt on compliance with statutory requirements B. The compilation of financial statements from a client's accounting records C. An income tax engagement to prepare federal and state tax returns D. A management consulting engagement to provide I.T. advice to a client 88. After fieldwork audit procedures are completed, a partner of the CPA firm who has not been involved in the audit performs a second, or warp-up, audit document review. This second review usually focuses on: A. fraud involving the client's management and its employees. B. the materiality of the adjusting entries proposed by the audit staff C. the fair presentation of the financial statements in conformity with GAAP D. the communication of internal control weakness to the client's audit committee. 89. The auditor's report may be addressed to the company whose financial statements are being examined or to that company's: A. Chief financial officer B. president C. chief operating officer D. board of directors 90. The fourth standard of reporting requires the auditor's report to contain either an expression of opinion regarding the financial statements taken as a whole or an assertion to the effect that an opinion cannot be expressed. The objective of the fourth standard is to prevent A. an auditor from reporting on one basic financial statement and not the others B. restrictions on the scope of the audit, whether imposed by the client or by the inability to obtain evidence. C. misinterpretations regarding the degree of responsibility and the auditor is assuming D. an auditor from expressing different opinions on each of the basic financial statements. 91. In an audit of financial statements in accordance with generally accepted auditing standards, arn auditor is required to: A. determine whether control procedures are suitably designed to prevent or detect material misstatements B. search for significant deficiencies in the operation of internal control. C. document the auditor's understanding of the entity's internal control. D. search for material weakness in the operation of internal control. 92, To exercise due professional care, an auditor should A. design the audit to detect all instances of llegal acts. B. critically review the judgment exercised by those assisting in the audit C. attain the proper balance of professional experience and formal education D. examine all available corroborating evidence supporting management's assertions