ACC330-Exam #1-SP24 NAME: Sire Warren 1. A CPA can ONLY attest to auditing-related information for a firm. Not any other type of financial or managerial issue. A. True B. False 2. The top element in our System of Quality Control from the audit firm's perspective and delivering reasonable assurance to the firm and personnel: A. The firm's engagement with clients B. The firm's code of ethics C. The firm's human resources D. The firm's top leaders 3. Another name for employee fraud or embezzlement of funds. A. Shrinkage inem P B. Grand theft auto C. Defalcation om elenstam ws1 worl to gnites bne tibus ne soubnoo of D. Unintentional Misappropriation meteve notoubong en best.ne most 4. In reperformance, I run through a full process to mimic what an operator would do at the firm. A. True B. False wol noitsutia tibus 12om ni xei 5. The auditor who no longer works audit for a target firm due to getting terminated or having voluntarily withdrawn. A. Former QA partner B. Audit engagement partner (former) alie Jibus to easriq Inemeeeess xahar. C. Historical auditoration D. Predecessor auditor eals? 6. This type of audit opinion says that a company's financial statements run in conformity to GAAP: ST bama98