QUESTION 3 Which of the following services is not an example of a nonassurance service? A. The auditor examines the computer operations of a large corporation to evaluate whether the procedures are likely to prevent misstatements in accounting and operating data. B. The auditor compiles the tax return of a multinational corporation in accordance with the tax code. C. The auditor prepares the financial statements of a client's company from its financial records in accordance with Generally Accepted Accounting Principles. D. The auditor examines employee time records and personnel records to advice management how to maximize the effective use of personnel. QUESTION 4 Which of the following is not true about the major differences in the scope of audit responsibilities for CPAS, GAO auditors, IRS agents, and internal auditors? A. CPAs perform audits of financial statements of private and public companies prepared in accordance with U.S. or international auditing standards. B. GAO auditors perform compliance or operational audits in order to assure the government of the expenditure of public funds in accordance with its directives and the law. C. IRS agents perform compliance audits to enforce the federal tax laws as defined by the government, inpreted by the courts, and regulated by the IRS. D. Internal auditors perform compliance or operational audits in order to assure management or the board of directors that controls and policies are properly and consistently developed, applied, and evaluated