In which of the following circumstances would a CPA be bound by ethics to refrain from disclosing any confidential information about a client? An inquiry by a disciplinary body of a state CPA society requests confidential client information. Confidential client information is made available as part of a quality review of the CPA's practice by a peer review team authorized by the AICPA. The CPA is issued a summons enforceable by a court order which orders the CPA to present confidential information. A major stockholder of a client company seeks accounting information from the CPA after management declined to disclose the requested information Question 25 (5 points) Which of the following circumstances would ordinarily not impair the auditor's independence? Litigation by an audit firm against a client claiming management fraud or deceit. Intent to start a lawsuit at some future date, after the current audit is completed, claiming a deficiency in the previous audit. Litigation by a client against an audit firm claiming a deficiency in the previous audit. Litigation by a client against an audit firm related to tax services. Question 38 (5 points) Which of the following statements is not true? A one-paragraph report is generally used when the auditor is not independent. More than three paragraphs in the report indicates there must be some type of qualification in the audit. An unqualified opinion with an explanation or modified wording would require more than three paragraphs. A three-paragraph report ordinarily indicates there are no exceptions in the audit. Question 50 (5 points) Which of the following is not one of the responsibilities of an auditor under the principles underlying an audit? Maintain professional skepticism and exercise professional judgment Possess appropriate competence and capabilities Plan work and supervise assistants Comply with ethical requirements