Reference no: EM132940662
Problem 1: Which of the following is true?
a.Reviews offer negative assurance
b.Compilations offer positive assurance
c.The "notice to reader" on an audit engagement is the last document produced
d.In a review, no markings are required on the financial statements
Problem 2: Which of the following is true?
a.The auditee must fix each misstatement
b.Only compliance frameworks are the acceptable type of reporting framework
c.An auditor can be associated with an enterprise's issued information if an independent party assumes so
d.The auditor must correspond with the audit committee in writing
Problem 3: Which is the most prevalent type of opinion?
a.Modified - fair presentation
b.Modified - scope limitation
c.Unqualified
d.Qualified