Principles of auditing ch 4

QUESTION 10 The AICPA Code of Professional Conduct states, in part, that a CPA should maintain integrity and objectivity. Objectivity in the Code refers to a CPA's ability A. To be unyielding in all matters dealing with auditing procedures. B. To independently distinguish between accounting practices that are acceptable and those that are not. C. To independently choose between alternate accounting principles and auditing standards. D. To maintain an impartial attitude on all matters that comes under the CPA's review. QUESTION 11 Regular inspections by the PCAOB A. Supercede the practice-monitoring (peer review) program of the AICPA. B. Are imposed annually for firms auditing more than 100 public companies. C. Are performed on a five-year cycle. D. Include a peer review by the AICPA