CPA Quizzes, Questions & Answers
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We will now conduct a pop quiz on AICPA's Professional Code of Conduct - Rule 101 Independence.The purpose of this quiz is to employ an interactive introduction to Rule 101 - Independence.
Questions: 7 | Attempts: 440 | Last updated: Mar 18, 2023
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Sample QuestionA bank retains a CPA firm to perform an audit. During the period of the professional engagement, a manager in the CPA firm obtains a mortgage from the bank. He works in the same office as the lead partner on the audit but does not provide any services to the bank. Is the firm’s independence impaired?
It's second quiz of CPA (professional code of conduct rule 101), Let's take this second quiz and learn about it!
Questions: 8 | Attempts: 260 | Last updated: Mar 21, 2023
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Sample QuestionA CPA firm performs an audit of a large manufacturing company. One of the firm’s managers,who plans to provide a significant amount of tax services to the company, has a spouse who inheriteda small amount of stock in it. The manager does not work in the same office as the lead audit partner.Is the firm’s independence impaired?
This is for CPA users unless you really are random!
Questions: 10 | Attempts: 203 | Last updated: Mar 18, 2022
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Sample QuestionWhat is a banana
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