9. Which is NOT a standard of field work under GAAS?

a. Auditor must adequately plan and properly supervise work

b. Auditor must obtain a sufficient understanding of the entity, and its environment, including internal control

c. Auditor must obtain sufficient appropriate audit evidence to afford a reasonable basis for the opinion

d. Auditor must state whether the financial statements are presented in accordance with GAAP

10. Which of the following is NOT a covered member for an attest engagement under Rule 101 of the AICPA Code of Professional Conduct?

a. an individual assigned to the attest engagement.

b. a partner in the office of the partner in charge of the attest engagement.

c. a manager who is in charge of providing tax services to the attest client.

d. a senior in the national office of the firm that performs marketing service.

11. A public accounting firm would least likely be considered in violation of the AICPA independence rules in which of the following instances?

a. a partners checking account, which is fully insured by the FDIC, is held at a financial institution for which the public accounting firm performs attest (audit) services.

b. a manager is trustee of a charitable organization that is an audit client of the firm.

c. an attest client owes the firm fees for this and last years annual engagements.

d. a covered members dependent son owns stock in an attest client.

12. Bill Adams, CPA, accepted the audit engagement of Kelly Company. During the audit, Adams, became aware of his lack of competence required for the engagement. What is this an example of?

a. A lack of Independence in Fact

b. A lack of independence in Appearance

c. A lack of due care

d. An unethical situation