QUESTION 1 More than one modification should be included in the audit report when A. there is a scope limitation and there is substantial doubt about the company ability to continue as a going concern B. there is substantial doubt about the going concern of the company and information about the causes of the uncertainties is not adequately disclosed in the footnotes. C. the auditor is not independent and the auditor knows that the company has not followed generally accepted accounting principles. D. all of the above QUESTION 2 Quality control for a CPA firm A. is required only for firms auditing SEC companies B. is tailored to each specific audit engagement. C. is a guarantee that auditing standards are followed. D. includes the organizational structure of the firm and the procedures it established 17 QUESTION 3 Which of the following statements is not correct? A It is appropriate to minimize the cost of accumulating evidence. B. Sufficient appropriate evidence must be accumulated to meet the auditor's professional responsibility C. Gathering evidence and minimizing costs are equally important considerations that affect the approach the auditor selects. D. There are many ways an auditor can accumulate evidence to meet overall audit objectives W atv 18 MacBook Pro