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. Q. 33professional standard s realted to clent acceptances are legally required by Please answee all 3e to 39 questions as soon as possible please

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Q. 33professional standard s realted to clent acceptances are legally required by

Please answee all 3e to 39 questions as soon as possible please answer all questions

DAICPA (2 3SOX all of the above 34. Which of the following is least important to the auditor when investigating a potential new audit client? DWhether the audit committee has a financial expert 2 Level of the CEO's charitable giving in the community Existence of a company code of ethics @Extensive amounts of regulatory oversight in the company's industry 35. An engagement letter Dmust be in a particular format and include information on fees must be signed by the CEO and head of the audit committee 3documents the understanding of the engagement between the auditor and client js only created prior to beginning work in the first year of auditing a new client 36. An auditor issues a going-concern opinion when Dthe client company is in the process of liquidation 2 the auditor feels an obligation to warn financial statement users about the company's tight cash flow 3there is uncertainty about whether the company will have or be able to obtain sufficient resources to meet its obligations in the upcoming year @there is not enough information available to be able to issue an unqualified report 37. Auditors obtain information about potential clients from all of the following except 1 shareholders prior auditors 3published documents business contacts 38. Financial statement restatements Dare an important consideration for an auditor investigating a potential client may be needed to correct an error 3may be an indicator of the possibility of a material weaknesses in ICFR @all of the above 39. Which of the following is not considered in scoping an audit engagement? The company is an subsidiary, and the parent is audited by another audit firm The company does business in multiple locations 3 The general level of economic activity in the company's geographic environment 4 Services the company outsources

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