1	Which event would not be considered a significant audit finding that should be included in audit documentation?
	(A) payment for a fake invoice for a fictitious company submitted by an accounts payable clerk
	(B) charges filed against the company officers for payment of a political bribe
	(C) discovery of a material sale recorded in the current year that belonged in the subsequent year
	(D) retirement of the accounts receivable manager followed by the hiring of a replacement
2	Which type of business would be most likely to use a job order costing system?
	(A) an electric car producer
	(B) a wood milling company
	(C) a law firm specializing in injury law
	(D) a beverage manufacturer
3	Which characteristic would concern an auditor about the risk of material misstatements arising from fraudulent financial reporting?
	(A) regularly reported bank reconciliations, including deposits in transit
	(B) managements disregard of regulations and regulatory authorities
	(C) capital assets sold at a loss before being depreciated fully
	(D) limited employees turn over within the accounting and finance department
4	An external auditor is required to be independent when performing __________.
	(A) all consulting engagements
	(B) all attestation services
	(C) all tax services
	(D) all professional services