please answer all the 27 to 39 please answer all questions as soon as possible please Thankyou

27. AICPA membership Dis usually avoided by CPAs because of the additional constraints it places on behavior 2is not required of individuals as long as the firm the individuals work for becomes a member of the AICPA 3is voluntary is available to individuals regardless of the characteristics of the firms for which they work 28. Based only on the original outcome of the Ultramares case, to which of the following parties will an accountant be liable for negligence? DAll third parties Foreseen third parties 3 Parties in privity Forseeable third parties 29. An auditor will only enter into negotiation or arbitration related to a lawsuit if Dthe auditor is guilty the auditor is not guilty but is concerned that the plaintiff may prevail 3the auditor believes it will cost less to settle a case than pursue defending against the allegations All of the above may cause an auditor to agree to a settlement 30. The responsibility of a CPA when performing an audit is to Dcorrect any departures from GAAP in the client's financial statements behave as a "reasonably prudent CPA would in performing the audit 3find fraud be limited to avoiding gross negligence and constructive fraud 31. If a CPA is sued using the 1934 Act, 10b-5, which of the following does a shareholder need to prove prevail in the suit? Intentional misleading conduct intended to damage the shareholders (scienter) by the auditor 2Negligence by the auditor 3a and b neither a nor b 32. An RFP Dis required for a client to change auditors 2 contains information about the proposal process nad engagement 3is only used by publicly traded companies @is issued by the auditor 33. Professional standards related to client acceptance are legally required by DAICPA 2PCAOB 3SOX Pall of the above 34. Which of the following is least important to the auditor when investigating a potential new audit client? Whether the audit committee has a financial expert Level of the CEO's charitable giving in the community 3Existence of a company code of ethics Extensive amounts of regulatory oversight in the company's industry 35. An engagement letter must be in a particular format and include information on fees must be signed by the CEO and head of the audit committee 3 documents the understanding of the engagement between the auditor and client V is only created prior to beginning work in the first year of auditing a new client, 36. An auditor issues a going-concern opinion when the client company is in the process of liquidation 2 the auditor feels an obligation to warn financial statement users about the company's tight cash flow 3 there is uncertainty about whether the company will have or be able to obtain sufficient resources to meet its obligations in the upcoming year @there is not enough information available to be able to issue an unqualified report 37. Auditors obtain information about potential clients from all of the following except 1 shareholders 2prior auditors 3 published documents business contacts 38. Financial statement restatements Dare an important consideration for an auditor investigating a potential client 2may be needed to correct an error 3may be an indicator of the possibility of a material weaknesses in ICFR all of the above 39. Which of the following is not considered in scoping an audit engagement? The company is an subsidiary, and the parent is audited by another audit firm 2 The company does business in multiple locations 3 The general level of economic activity in the company's geographic environment Services the company outsources