Which Generally Accepted Auditing Standard Is Indicated by Each Independent

question 13

Essay

Which generally accepted auditing standard is indicated by each independent item below? Use each standard exactly one time.1) Charlie, the manager of an audit team, reviewed the work of inexperienced auditors closely.2) Jill refused to accept an audit engagement because her friend was CEO of the company.3) Leigh completed a risk/control matrix as part of an audit.4) Leo prepared a disclaimer of report on an audit client's financial statements.5) Marsha reviewed the background and experience of auditors in her firm as part of developing an audit team.6) Nolan determined that a client's financial statements were fairly presented in accordance with GAAP.7) Patricia noted that footnotes to the financial statements needed some improvement.8) Renee explained a change between the applications of GAAP in two successive years.9) Rich e-mailed an audit client's vendors to help determine the client's accounts payable balances.10) Sally completed a continuing education program on auditing mortgage companies.

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Definitions:

Ladder Diagram

A graphical representation of an electrical control circuit, laid out in a form resembling a ladder.

Pushbutton

A simple switch mechanism for controlling some aspect of a machine or a process, typically operated by pressing a button.

Three-Wire

Refers to an electrical circuit or cable that consists of three conductors, which can be used in various applications including power supply and control circuits.

Motor Starter

A device or system that controls the use of electrical power to equipment, especially motors, preventing damage by controlling the electrical power for starting the motor.