ngagement Activities (12%) Test Content Question 1 1 Point The methods used by a CPA firm to ensure that the firm meets its professional responsibilities to clients and others is compliance with Generally Accepted Auditing Standards. False B True Question 2 1 Point A peer review engagement is an engagement in which a client company arranges for a critical review of its practices by a CPA firm. This review is performed regularly every three years. A True B) False Question 3 1 Point Question 3 1 Point The Sarbanes-Oxley Act requires that auditors of publicly traded companies in the United States perform an integrated audit that Includes providing assurance on both the financial statements and on compliance with laws and regulations. False B True Question 4 1 Point Financial statements audits represent the main source of revenue for the Big Four International CPA firms while tax services represent the main source of revenue for the national CPA firms A True B False