1. An auditor will be objective in appearance if:

1. The auditors parents own some shares of the company being audited
2. The auditor is related to the CFO of the corporation
3. The auditor appears to be unrelated to the client but has secretly borrowed money from the president of the client company
4. None of the above answers are correct

2. Information technology changes can affect business risk when:

A- they result in a need to change business processes.

B- they do not include ecommerce activities.

C- systems become less complex.

D- systems become less integrated

3. When audited financial statements materially depart from IFRS the auditor issues:

1. An Unqualified Audit Report
2. A Qualified Audit Report
3. A Certified Audit Report
4. A Notarized Audit Report
5. A Standard Audit Report