The following questions deal with auditing standards. Choose the best response.
a. Which of the following best describes what is meant by “Canadian Auditing Standards”?
(1) Acts to be performed by the auditor.
(2) Measures of the quality of the auditor’s performance.
(3) Procedures to be used to gather evidence to support financial statements.
(4) Audit objectives generally determined on audit engagements.

b. The Responsibilities principle underlying Canadian Auditing Standards includes a requirement that:
(1) The audit be adequately planned and supervised.
(2) The auditor’s report states whether or not the financial statements conform to generally accepted accounting standards.
(3) Professional judgment be exercised by the auditor.
(4) Informative disclosures in the financial statements be reasonable adequate.
c. What is the general character of the responsibilities characterized by the Performance principles?
(1) The competence, independence, and professional care of persons performing the audit.
(2) Criteria for the content of the auditor’s report on financial statements and related footnote disclosures.
(3) The criteria of audit planning and evidence gathering.
(4) The need to maintain independence in mental attitude in all matters pertaining to the audit.