S. in general, mternal auuitors inuepenuence will oe greatest wnen tney\ (1) Financial vice president.\ (2) Corporate controller.\ (3) Audit committee of the board of directors.\ (4) Stockholders.\ h. Which of the following did not precipitate the passage of the Sarbane regulate public accounting firms?\ (1) Disclosures related to accounting irregularities at Enron and Wc\ (2) Restatements of financial statements by a number of public com\ (3) Conviction of the accounting firm of Arthur Andersen LLP. Pas\ (4) Ethical scandals at the AICPA.\

i

. Which of the following organizations establishes accounting standar agencies?\ (1) The Financial Accounting Standards Board.\ (2) The Governmental Accounting Standards Board.\ (3) The Federal Accounting Standards Advisory Board.\ (4) The Public Company Accounting Oversight Board.\

j

. Which of the following is correct about forensic audits?\ (1) All audit engagements are forensic in nature.\ (2) Forensic audits are performed by law firms; they are not perfor\ (3) Forensic audits are equivalent to compliance audits.\ (4) Forensic audits are usually performed in situations in which fra suspected.\

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. What best describes the purpose of the auditors' consideration of in

5. in genera, mternal auutors inuepencence will oe greatest wnen tney (1) Financial vice president. (2) Corporate controller. (3) Audit committee of the board of directors. (4) Stockholders. h. Which of the following did not precipitate the passage of the Sarbane regulate public accounting firms? (1) Disclosures related to accounting irregularities at Enron and WC (2) Restatements of financial statements by a number of public com (3) Conviction of the accounting firm of Arthur Andersen LLP. Pas (4) Ethical scandals at the AICPA. i Which of the following organizations establishes accounting standar agencies? (1) The Financial Accounting Standards Board. (2) The Governmental Accounting Standards Board. (3) The Federal Accounting Standards Advisory Board. (4) The Public Company Accounting Oversight Board. j. Which of the following is correct about forensic audits? (1) All audit engagements are forensic in nature. (2) Forensic audits are performed by law firms; they are not perfor (3) Forensic audits are equivalent to compliance audits. (4) Forensic audits are usually performed in situations in which fra suspected. k. What best describes the purpose of the auditors' consideration of in 5. in genera, mternal auutors inuepencence will oe greatest wnen tney (1) Financial vice president. (2) Corporate controller. (3) Audit committee of the board of directors. (4) Stockholders. h. Which of the following did not precipitate the passage of the Sarbane regulate public accounting firms? (1) Disclosures related to accounting irregularities at Enron and WC (2) Restatements of financial statements by a number of public com (3) Conviction of the accounting firm of Arthur Andersen LLP. Pas (4) Ethical scandals at the AICPA. i Which of the following organizations establishes accounting standar agencies? (1) The Financial Accounting Standards Board. (2) The Governmental Accounting Standards Board. (3) The Federal Accounting Standards Advisory Board. (4) The Public Company Accounting Oversight Board. j. Which of the following is correct about forensic audits? (1) All audit engagements are forensic in nature. (2) Forensic audits are performed by law firms; they are not perfor (3) Forensic audits are equivalent to compliance audits. (4) Forensic audits are usually performed in situations in which fra suspected. k. What best describes the purpose of the auditors' consideration of in