Question One: Read the following statements and then decide whether it is "True" or "False" and then correct the false statement. 1.1 ) A CPA firm that provides accounting, tax and consulting services to a client is said to be providing assurance services to the client. Correct answer, if any 2.( ) The possibility that a company will not be able to repay a loan because of economic or business conditions is known as audit risk. Correct answer, if any 3. ) An auditor that lacks the technical training and proficiency to perform an audit violates the first general standard of the Generally Accepted Auditing Standards. Correct answer, if any 4.) Evidence is defined as any information used by the auditor to determine whether the information being audited is stated in accordance with established criteria Correct answer, if any. 5.( ) The best organizational structure for establishing the new CPA Firm around the world is the Limited Liability Partnership. Correct answer, if any 6.( ) Assurance services are independent professional services that improve the quality of information for decision makers. Correct answer, if any