Attestation risk is limited to a low level in which of the following engagement(s)?

Both examinations and reviews.

Examinations, but not reviews.

Reviews, but not examinations.

Neither examinations nor reviews.

2.

The auditors' report may be addressed to the company whose financial statements are being examined or to that company's:

Chief operating officer.

President.

Board of Directors.

Chief financial officer.

3.

As compared with the US public company audit report, the international audit report:

Is shorter in length.

Includes enhanced explanation of the audit process.

Includes the name of the partner and managers on the audit, while the US report includes only the CPA firm name.

Is dated as of year-end, whereas the US report is dated as of the last date of significant field work.

4.

When a Statement Auditing Standards uses the word "should" relating to a requirement, it means that the auditor:

Must fulfill the responsibilities under all circumstances.

Must comply with requirements unless the auditor demonstrates and documents that alternative actions are sufficient to achieve the objectives of the standards.

Should consider whether to follow the advice based on the exercise of professional judgment in the circumstances.

May choose to change responsibilities relating to various professional standards that remain under consideration.

5.

Which of the following is explicitly included as a part of the description of management's responsibility in an unmodified audit report?

Management is responsible for making a judgment on which misstatements are material vs. immaterial.

Management is responsible for providing auditors with all relevant evidence.

Management is responsible for the design, implementation, and maintenance of internal control.

Management is responsible for listing all illegal acts with a direct effect on financial statement amounts and disclosures.