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QUESTION 6 Internal auditors may not perform: A. Audits of financial statements resulting in reports intended for management's use only. B. Forensic audits. C. Integrated
QUESTION 6 Internal auditors may not perform: A. Audits of financial statements resulting in reports intended for management's use only. B. Forensic audits. C. Integrated audits leading to an audit opinion issued in accordance with AICPA or PCAOB standards. D. All of the above. QUESTION 7 Which of the following individuals could be a member of the Audit Committee? A. A member of the company's Board of Directors. B. A member of the PCAOB. C. An audit partner of the CPA firm who performs the annual audit. D. None of the above. QUESTION 8 What is the purpose of a financial statement audit? A. To provide assurance that the company is solvent. B. To provide assurance that the company has an effective internal control system that can produce fair financial statements. C. To provide assurance that the financial statements are reliable. D. Both b and c. QUESTION 9 Assertions are: A. audited by the auditors. B. declarations made by management. C. declarations made by the auditor. D. Both a and b. QUESTION 10 The AICPA (American Institute of Certified Public Accountants): Click Save and Submit to save and submit. Click Save All Answers to save all answers
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