Under Ordinary Circumstances,both the CFO and CEO of a Particular

question 32

Multiple Choice

Under ordinary circumstances,both the CFO and CEO of a particular company authorize and sign check disbursements exceeding $10,000.However,when the CEO of this audit client is unavailable for an extended period due to her travel schedule,the client's CPA co-signs checks that exceed $10,000 only after these checks first have been authorized and signed by the client's CFO.The CPA:

• A) Has created a management participation threat that impairs his independence
• B) Has created an undue influence threat that impairs his independence
• C) Has created an advocacy threat that impairs independence, unless appropriate safeguards are put into place
• D) Should be commended for assisting the client and has not affected his independence

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Definitions:

Dyspareunia

Painful sexual intercourse experienced by either partner, which may have physical or psychological causes.

Menopause

The time in a woman's life, typically occurring between ages 45 and 55, when her menstrual periods permanently stop, marking the end of reproductive capability.

Sexually Transmitted Infection

A disease spread by sexual intercourse, resulting from the invasion of organisms such as bacteria, viruses, or parasites.

Condom Usage

The practice of using condoms as a method of contraception and/or as a means to prevent sexually transmitted infections (STIs).