Required: For each of the following indicate whether the statement is True (T) or False (F)

1. _____ Corporations that are required to register with the Securities and Exchange Commission must file audited financial statements with the SEC, and those audits must comply with the auditing standards of the Government Accountability Office.

2. _ To demonstrate compliance with the requirements of Generally Accepted Auditing Standards, the AICPA requires auditors of nonissuers to include a written audit plan in the audit documentation.

3. _ ____ The AICPAs Statements on Quality Control Standards (SQCS) apply equally to all professional services performed by a CPA firm, including auditing and accounting services, tax services, and consulting services.

4. _ ____ Assurance services are limited to reliability-enhancing services performed by CPAs, but the subject matter need not be limited to historical financial statements.

5. _ ____ The AICPAs audit risk model applies to the relevant assertion-level of an individual audit area or class of transactions, but it does not apply to the level of the financial statements taken as a whole.