Which of the Following Actions Should a CPA Firm Take

question 39

Multiple Choice

Which of the following actions should a CPA firm take to comply with the AICPA's quality control standards?

• A)Establish procedures that comply with the standards of the Sarbanes-Oxley Act.
• B)Use attributes sampling techniques in testing internal controls.
• C)Consider inherent risk and control risk before determining detection risk.
• D)Establish policies to ensure that the audit work meets applicable professional standards.

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Definitions:

Vertices

The corners or intersection points of geometric shapes where two or more lines, edges, or curves meet.

Line Segments

Portions of a line defined by two endpoints, representing the shortest path between those two points.

Distance

The measurement of the space between two points.

Decimal

A numerical value that uses a decimal point to indicate a fraction of a base-10 number.