1. Which of the following statements is FALSE with respect to a firm's quality control standards and procedures?
2. a)"The firm should promote a culture that quality is essential in performing
3. engagements." This is an example of the Control Environment Element of
4. Quality Control.
5. b)"Policies and procedures should be established to provide the firm with
6. reasonable assurance that work is assigned to personnel who have adequate technical training and proficiency." This is a requirement of the Human Resources Element of Quality Control.
7. c)"All personnel on engagements should maintain independence in fact and in appearance." This is a requirement of the Relevant Ethical Requirements Element of Quality Control.
8. d)"The quality control partner must test the quality control procedures at least annually to ensure they are working properly." This is an example of the Monitoring Element of Quality Control.
9. e)All of the above are correct.