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ACCT 444 DeVry Entire Course

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<strong>ACCT</strong> <strong>444</strong> <strong>DeVry</strong> Week 7 Homework Latest<br />

Solve the following questions<br />

Chapter 3: 3-27, 3-32<br />

Chapter 24: 24-26, 24-28<br />

Chapter 25: 25-22<br />

Name your document, and include your first and last initials of your name. For example, if your name is Jane Smith,<br />

the file name will be <strong>ACCT</strong><strong>444</strong>_W1_HW.<br />

Submit your assignment to the Dropbox, located at the top of this page. For instructions on how to use the Dropbox,<br />

read these step-by-step instructions.<br />

See the Syllabus section "Due Dates for Assignments & Exams" for due date information.<br />

<strong>ACCT</strong> <strong>444</strong> <strong>DeVry</strong> Week 1 Quiz Latest<br />

Question 1 : (TCO 3) The organization that is responsible for providing oversight for auditors of public companies<br />

is called the _____<br />

Auditing Standards Board.<br />

American Institution of Public Accountants.<br />

Accounting Oversight Board.<br />

Public Company Accounting Oversight Board.<br />

Question 2. Question: (TCO 1) Which one of the following is not a field work standard?<br />

Adequate planning and supervision<br />

Due professional care<br />

Understand the entity and its environment, including internal control<br />

Sufficient appropriate audit evidence<br />

Question 3. Question : (TCO 1) An independent auditor must have which of the following?<br />

A pre-existing and well-informed point of view with respect to the audit<br />

Technical training that is adequate to meet the requirements of a professional<br />

A background in many different disciplines<br />

Question 4. Question : (TCO 1) Any service that requires a CPA firm to issue a report about the reliability of an<br />

assertion that is made by another party is a(n) _____<br />

accounting and bookkeeping service.<br />

attestation service.<br />

assurance service.<br />

tax service.<br />

Question 5. Question : (TCO 1) Which of the following statements is incorrect regarding the SEC's partner<br />

rotation rules?<br />

All audit partners must rotate off the audit engagement after 5 years.<br />

Small firms may be exempted from the partner rotation requirement.

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