QUESTION 6 What organization is responsible for setting auditing standards for audits of publicly traded companies in the U.S.? a. AICPA. O b. PCAOB OC FASB. O d. GASB. QUESTION 7 Which of the following statements best describes a relationship between sample size and other elements of auditing? O a. If materiality increases, so will the sample size. O b. There is no relationship between sample size and materiality or the desired level of assurance. Oc. If materiality decreases, sample size will need to increase. O d. If the desired level of assurance increases, sample sizes can be smaller. piebih can be smaller QUESTIONS The auditor's report is generally addressed to the O a. Chief operating officer. b. Securities and Exchange Commission. Oc Chief financial officer. O d. Stockholders of the company. Remaining Time 1hour. 11 minutes 54 con Question completion Status QUESTION 9 Materiality is based only on a quantitative analysis of the financial statements. True False QUESTION 10 The engagement partner and manager review the work of engagement team members to evaluate which of the following? O a. The results of the work support the conclusions reached. b. The objectives of the procedures were achieved. OC. All of the above are correct. Od. The work was performed and documented. QUESTION 11 Sa - Save and Submit to save and submit. Click Save All Answers to save all answers