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Any CPA firm in the U.S. that audits more than 100 public companies is required to have an annual inspection by the PCAOB. Select one:

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Any CPA firm in the U.S. that audits more than 100 public companies is required to have an annual inspection by the PCAOB. Select one: O A. Truc 0 B. False An audit to determine whether an entity is following specific procedures or rules set down by some higher authority is classified as a(n): Select one: O A. compliance audit. o B. production audit. a C. audit of financial statements. O D. operational audit. Which of the following is the least likely form of business structure for a CPA firm? Select one: 0 A. Limited liability partnership. O B. General partnership. C. Proprietorship, O D. General corporation. In 'auditing' financial accounting data, the primary concern is with: Select one: o A. determining whether recorded information properly reflects the economic events that occurred during the accounting period. B. determining if taxable income has been calculated correctly. O C. analyzing the financial information to be sure that it complies with government requirements. D. determining if fraud has occurred. 0

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