True or Flase

1-Auditing is the accumulation and evaluation of transactions about information to determine and report on the degree of correspondence between the information and established criteria

2-Transactions are increasingly complex and more difficult to record properly decrease the information's risk

3-Operational audit: Determines whether the auditee is following specific procedures, rules, or regulations set by some higher authority

4-Business risk reflects the possibility that the information upon which the business decision was made was inaccurate

5- AICPA is the largest professional association for CPAs in the United States

6-An attestation service is a type of service in which the CPA issues a report about a subject matter or assertion that is made by another party

7- Talal abu ghazaleh of big four audit firms

8-User shares information risk with management, reducing information risk

9-Audited financial statements are provided, increasing information risk

10-Tax services is form of attestation service

11-IAASB works to improve uniformity of auditing practices throughout the world

12*Accounting and bookkeeping services is form of nonassurance services