An Auditor Who Is Approached by the ICAA, CPA Australia

question 2

Multiple Choice

An auditor who is approached by the ICAA, CPA Australia or IPA to undergo a quality control audit must:

• A) provide audit files to the investigators without delay.
• B) obtain the client's permission to disclose information to the investigators prior to giving them any information.
• C) co-operate in every way without delay.
• D) disclose to the investigators any potential quality control problems that the member is aware of.

---

Definitions:

Net Exports

The value of a country's total exports minus its total imports, representing the contribution of trade to the national economy.

Foreign Demand

The desire and willingness of buyers from other countries to purchase goods and services, influenced by factors such as price, quality, and exchange rates.

U.S. Exports

Goods and services produced in the United States and sold to other countries.

Dollar

A unit of currency used in various countries, most notably the United States, identified as a standard monetary unit for transactions.