The Standard Report on Internal Controls Over the Financial Reporting

question 28

Multiple Choice

The standard report on internal controls over the financial reporting process is modified by the auditor in which of the following circumstances?

• A)Management's quarterly report on internal control is incomplete or improperly presented
• B)There is a restriction on the scope of the engagement
• C)The auditor decides to refer to the report of management for the auditor's own report
• D)There is other information in management's annual report on internal control over financial reporting
• E)Management's annual certification pursuant to Section 404 of the Sarbanes-Oxley Act is misstated
• F)both A and C
• G)both B and D
• H)both D and E

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Definitions:

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Refers to the importing and exporting activities and policies of the United States with foreign countries.

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1850 law that gave the federal government authority in cases involving runaway slaves; aroused considerable opposition in the North.

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Officials appointed by the federal government to oversee specific areas of administration, regulation, or enforcement in various fields.