Which One of the Following Statements Is False

question 127

Multiple Choice

Which one of the following statements is false?

• A) Confidentiality is broken when an auditor is presented with a subpoena concerning an audit client.
• B) Information that a CPA obtains from a client is generally not privileged.
• C) When a CPA firm conducts an AICPA-authorized peer review of the quality controls of another CPA firm, permission of the client is not needed to examine audit documentation.
• D) A CPA firm which observes substandard audit documentation of another firm during a peer review can initiate a complaint to the AICPA.

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Definitions:

Wordy

Characterized by the use of many words with little substance, leading to overly complex and lengthy expressions.

Suggestions

Proposed ideas or recommendations offered with the intention of informing or guiding decisions or actions.

Proofreading

The process of reviewing and checking written content for errors before it is published or shared.

Typographical Errors

Mistakes made in typing or printing, typically involving incorrect spelling, punctuation, or arrangement of letters.