Under the principles of the Canadian Insurance Services Regulatory Organizations (CISRO) concerning conflicts of interest, which of

Fantastic news! We've Found the answer you've been seeking!

Question:

Under the principles of the Canadian Insurance Services Regulatory Organizations (CISRO) concerning conflicts of interest, which of the following is a principle that must be addressed?

a)material misrepresentation

b)verification of identity

c)equal treatment

d)product suitability

Related Book For answer-question

Auditing and Assurance Services

ISBN: 978-0077862343

6th edition

Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws

See More Books

Posted Date: Mar 25, 2022 08:37 AM

See More Questions

Which of the following is a reason to obtain professional certification? a. Certification provides credibility that an individual is technically competent. b. Certification often is a necessary...
Which of the following is a preventive control? a. Reconciliation of a bank account. b. Recalculation of a sample of payroll entries by internal auditors. c. Separation of duties between the payroll...
Which of the following is a generally accepted attestation standard but is not a fundamental auditing principle? a. Appropriate competence and capability. b. Adequate knowledge of the subject matter....
Can you describe the initialisation, exploration and exploitation phases of the cat hunting optimisation algorithm?
In a normal costing system for a furniture manufacturer, costs are accumulated in one of ve categories: raw material (RM), work in process (WIP), nished goods (FG), xed overhead (FOH), or variable...
These matrices occur quite frequently in applications, so it is worthwhile to study some of their most important properties. (a) Verify the claims in (11) that kj = jk for a symmetric matrix, and ...
Show that if $\mu_{i j}=\mu+\alpha_{i}+\beta_{j}$, the mean of the $\mu_{i j}$ (summed on $j$ ) is equal to $\mu+\alpha_{i}$, and the mean of $\mu_{i j}$ (summed on $i$ and $j$ ) is...
The optical disk project team has started gathering the information necessary to develop the project networkpredecessor activities and activity times in weeks. The results of their meeting are found...
10 kg ideal air goes through a polytropic process where n=1.3. The initial temperature of the air is 300 K. The final temperature of the air is 600 K. Determine the work during the process (in kJ) if...
You want to park your bicycle in a bicycle parking area where bike racks are aligned in a row. There are already N bikes parked there (each bike is attached to exactly one rack, but a rack can have...
Pharoah Company began business by issuing 245000 shares of $ 5 par value common stock for $ 24 per share. During its first year, the corporation sustained a net loss of $ 64000 . The year-end balance...
If Melissa wants to retire with $\$ 50,000$ per month, how much principal is necessary to generate this amount of monthly income if the interest rate is 3%?
The system has a transfer function $\mathrm{P}(\mathrm{s})=\frac{2}{s+2}$. The gain for $\omega=2 \mathrm{rad} / \mathrm{sec}$ will be (a) 0.707 (b) 0.666 (c) 0.5 (d) 0.25
Using letters A, T, E for the component statements, translate the following compound statements into symbolic notation. a. If Anita wins the election, then tax rates will be reduced. b. Tax rates...
Suppose you see a car with an advertised price of $\$ 18,490$ at $\$ 480$ per month for 5 years. What is the amount of interest paid?
Rewrite each of the following statements in the form "If $A$, then $B$." a. Candidate Lu winning the election will be a sufficient condition for property taxes to increase. b. The user clicks...
An investment company has complied information about a specific investment portfolio (e.g. Fund A) that delivers on an annual basis (date-0 to date-1) either a 8% net return with probability 98.5%,...
Evenflow Power Co. is considering a new project that is a little riskier than the current operations of the company. Thus, management has decided to add an additional 1.5% to the company's overall...
According to the PCAOB, during the audit of internal controls for an issuer, the ultimate objective of testing the design effectiveness of internal controls is to a. Determine whether the companys...
Which of the following cases provides auditors the broadest exposure for liability to third parties for ordinary negligence under common law? a. Credit Alliance v. Arthur Andersen. b. Fleet National...
A furniture company ordered 84 tables from a supplier. The supplier accidentally sent only 48 tables, but the receiving department at the furniture company accepted the tables. The invoice was...
Basic Chemicals Ltd produces a highly flammable chemical product. The company experienced a flood on 1 April 2025 that destroyed its entire work in process inventory but did not affect the raw...
Cold Appliances Pty Ltd makes refrigerators and is trying to determine the cost of its ending work in process. The accountant has put together the following data for the year ended 30 June 2025. Each...
An apparatus for measuring thermal conductivity employs an electrical heater sandwiched between two identical samples of diameter $25 \mathrm{~mm}$ and length $60 \mathrm{~mm}$, which are pressed...

Under the principles of the Canadian Insurance Services Regulatory Organizations (CISRO) concerning conflicts of interest, which of

Question:

Expert Answer:

option B is right According to CISRO the Principles are meant to reinforce the fair treatment of cus... View the full answer

Auditing and Assurance Services

Students also viewed these general management questions