審計選擇題 - 會計

1.the securities and exchange comission has authority to:

determine accountiong principles for the purpose of financial reporting

by companies offering securities to the public.

2.the king surety company wrote a general fidelity bond covering

thefts of assets by the empliyees of Wilson, Inc . thereafter ,Cooney

an employee of Wilson, embezzled $17,200 of company funds. When the

activities weree discovered,King paid Wilson the full amount in

accordance with the terms of the fideluty bond , and then sought

recovery against Wilson's auditors Lynch&Merritt,CPAs. Which of

the following would be Lynch&Merritt's best defense?

A:King is not in privity of contract

3.In connection with a public offering of first mortgage bonds by

Henson Corp., the bond inderwriter gas asked Henson's CPA to furnish him with

a comfort letter giving as much assurance as possible relative to

Hencon's unaudited financial statements for the three months ended

March31,2007.

The CPA had expressed an unqualified opinion on Henson's financial

statements for the year ended December 31 ,2006 and e has perfirmed

a limited review of henson's financial statements for the three months

ended March31 , 2007. Nothing has come to his attention that would

indicate that the March31,2007 statements are not properly presented.

Under these circumstances, the CPA's response to the underwriter's request

should be to :

A: inform the inderwriters that no comfort letter is possible without an

audit of the financial statements for the three months ended March31,2007.

4.it is not a violation of the AICPA's Code of ptrfessional Cinduct for

a CPA to: charge fees as an expert witness determined by the amount

awarded to he plaintiff, even though the CPA also performs a compilation

for client use.

5.Three of the paragraphs of the audit report modified ofr uncertainties

are the same as the standard unqualified report. The explannatory

paragraph that describes the incertainty is added as the:

A:fourth and last paragraph.

6.Which of the following statements is true?

A: The auditor has the option, but is not required, to issue a disclaimer

of opinion for a material uncertainty or for a going concern problem

7.The most common case in which conditions beyond the client's and auditor's

control cause a scope restriction is an engagement:

A:agreed upon after the client's balance sheet date..

很多，感謝大家ˊˋ

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