Please I need help with these questions

1.Since the rules cannot address all circumstances, the Code includes a conceptual framework approach for members to use to evaluate threats to compliance. Using this framework,

Select one:

a. more than one safeguard may be necessary.

b. safeguards can be used to eliminate any threat.

c. the first step is to discuss the threat with the client's management team.

d. all threats must be completely eliminated.

2.Under common law, an individual or company that (1) does not have a contract with an auditor, (2) is known by the auditor in advance of the audit, and (3) will use the auditor's report to make decisions about the client company has:

Select one:

a. the same rights against an auditor as a client.

b. no rights unless an auditor is fraudulent.

c. no rights against an auditor.

d. no rights unless an auditor is grossly negligent.

3.Which staff level in a CPA firm manages the overall relationship with the client and manages the audit, in general?

Select one:

a. the audit manager

b. the senior or in-charge auditor with 2-5 years' experience

c. the audit staff assistant

d. the audit partner

4.The use of the Certified Public Accountant title is regulated by

Select one:

a. the federal government.

b. state law through the licensing departments of each state.

c. the Securities and Exchange Commission.

d. the American Institute of Certified Public Accountants through the licensing departments of the tax and auditing committees.

5.The provisions of the Sarbanes-Oxley Act are most likely to allow which of the following non-audit services for audit clients?

Select one:

a. appraisal or valuation services (e.g., pension, post-employment benefit liabilities)

b. tax consulting

c. financial information systems design and implementation

d. internal audit outsourcing

6.The AICPA principles and the auditing standards should be viewed by practitioners as

Select one:

a. ideals to work towards, but which are not achievable.

b. minimum standards of performance that must be achieved on each audit engagement.

c. maximum standards that denote excellent work.

d. benchmarks to be used on all audits, reviews, and compilations.

7.The AICPA's Code of Professional Conduct requires independence for all

Select one:

a. services performed by accountants in public practice.

b. attestation engagements.

c. accounting and auditing services performed.

d. professional work performed by CPAs.

8.Which of the following is an illustration of liability under the federal securities acts?

Select one:

a. A client sues the auditor for not discovering a theft of assets by an employee.

b. The auditor sues a client for not cooperating during the engagement.

c. A combined group of stockholders sues the auditor for not discovering materially misstated financial statements.

d. A bank sues the auditor for not discovering that the borrower's financial statements are misstated.

9.In which type of service does the CPA assemble the financial statements but provide no assurance to third parties?

Select one:

a. review

b. compilation

c. audit

d. bookkeeping

10.Standards issued by the Public Company Accounting Oversight Board must be followed by CPAs who audit

Select one:

a. private companies only.

b. public companies only.

c. both private and public companies.

d. private companies, public companies, and nonprofit entities.

11.Three common types of attestation services are

Select one:

a. reviews of historical financial information, verifications of future financial information, and attestations regarding internal controls.

b. audits of historical financial statements, reviews of historical financial statements, and audits of internal control over financial reporting.

c. audits of historical financial information, verifications of historical financial information, and attestations regarding internal controls.

d. audits of historical financial information, reviews of controls related to investments, and verifications of historical financial information.

12..The method used by a CPA firm to ensure that the firm meets its professional responsibilities to clients and others is

Select one:

a. peer review.

b. compliance with generally accepted reporting standards.

c. quality control.

d. continuing professional education.

13.In order to protect themselves from legal liability, it is important that CPAs

Select one:

a. are organized as sole-proprietors

b. use engagement letters, not representation letters.

c. accept client representations.

d. understand the client's business.

14.The laws that have been developed through court decisions are called

Select one:

a. criminal laws.

b. civil laws.

c. common laws.

d. statutory laws.

15.Which of the following is not true regarding the purpose of an audit performed on a set of financial statements in accordance with generally accepted auditing standards?

Select one:

a. to provide financial statement users with an opinion in accordance with the applicable financial reporting framework

b. to provide financial statement users with an opinion on whether the financial statements are presented fairly or not

c. to provide users of the financial statements with absolute assurance that the financial statements contain no errors in them

d. to provide users of the financial statements with an opinion on the financial statements

16.The standard of due care to which the auditor is expected to adhere to in the performance of the audit is referred to as the

Select one:

a. common law doctrine.

b. prudent person concept.

c. vigilant person concept.

d. constructive care concept.

17.n the auditing environment, failure to meet auditing standards is often

Select one:

a. tantamount to criminal behavior.

b. an accepted practice.

c. a suggestion of negligence.

d. conclusive evidence of negligence.

18.Which of the following most accurately describes constructive fraud?

Select one:

a. extreme or unusual negligence without the intent to deceive

b. lack of slight care

c. knowledge and intent to deceive

d. absence of reasonable care

19.Which of the following is an accurate statement regarding audit risk, audit failure, and business failure?

Select one:

a. Legal precedent makes it easy to determine who has the right to recover losses in the event of an audit failure.

b. Audit risk is always avoidable if the audit is conducted in accordance with generally accepted auditing standards.

c. A business failure will always result in an audit failure.

d. Because auditors gather evidence on a test basis, and because well-concealed frauds are difficult to detect, audit risk is unavoidable.

20.A(n) ________ failure occurs when an auditor issues an erroneous opinion because it failed to comply with requirements of auditing standards.

Select one:

a. business

b. process

c. ethics

d. audit