The activities and duties of auditors may be subject to considerable statutory direction or influences, including:

1. Crimes act 1914

2. Trade practices act 1974

3. Corporations act 2001

4. Auditor independence act 2004 Select one:

a. 1, 2, & 3

b. 1, 2, & 4

c. 1, 3, & 4

d. 1, 2, 3, & 4

Accepting gifts with the possibility of it being subsequently made public is an example of:

Select one:

a.Self-interest threat.

b.Intimidation threat.

c.Self-review threat.

d.Familiarity threat.

Maintaining an unbiased attitude during the audit illustrates:

Select one:

a.Independence in appearance.

b.Professional scepticism.

c. Independence in fact.

d. Client confidentiality.

The audit firm receives 40% of its total revenue from one audit client. this is an example of:

Select one:

a.Familiarity threat.

b.Self-review threat.

c.Intimidation threat.

d.Self-interest threat.

The first step of the six-step process for resolving ethical dilemmas is:

Select one:

a.Identify all parties potentially affected by the outcomes.

b.Obtain the relevant facts.

c.Identify the ethical issues.

d.Identify the parties involved.