CPA Quizzes & Trivia
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Questions: 7 | Attempts: 174 | Last updated: May 2, 2017
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?
Questions: 10 | Attempts: 143 | Last updated: Feb 19, 2019
Sample QuestionWhat is a banana
Questions: 8 | Attempts: 133 | Last updated: May 5, 2017
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?
Questions: 3 | Attempts: 43 | Last updated: Jan 11, 2013
Sample Question1. CPA-02320 Au Nov 93 #52 Page 58 Several sources of GAAP consulted by an auditor are in conflict as to the application of an accounting principle. Which of the following should the auditor consider the most authoritative?
A 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...