QUESTION 4

1. What is the meaning of the rule that requires the auditor be independent?

A. The auditor must be without bias with respect to the client under audit

B, The auditor mus adopt a critical attitude during the audit

C The auditor's sole obligation is to third parties

D. The auditor may have a direct ownership interest in the client's business if it is not material

QUESTION 5

1. An auditor strives to independence in appearance to

A.Comply with auditing standards related to audit performance

B.Become independent in fact

C.Maintain public confidence in the profession

D.Maintain an unbiased mental attitude

QUESTION 6

1. A CPA'sretention of client's records as a means of enforcing payment of an overdue audit fee an action that is

1. Answer

A.Not addressed by the AICPA Code of Professional Conduct

B.Acceptable if sanctioned by state laws

C.Prohibited under theAICPA'srules of conduct

D.A violation of generally accepted auditing standards