When a CPA is approached to perform an audit for the first time, the CPA should make inquiries of the predecessor auditor. This is a necessary procedure because the predecessor may be able to provide the successor with information that will assist the successor in determining:
A. whether, in the predecessor's opinion, the company's internal controls have been satisfactory.
B. whether the engagement should be accepted.
C. whether the predecessor's work should be utilized.
D. whether, in the predecessor's opinion, the financial statements are materially correct.
Answer: B
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Which of the following statements is true regarding the performance of an assurance service on information systems reliability by a CPA?
A. Performing the service will not require the collection of evidence. B. The service will require the CPA to apply all of the attestation and auditing standards. C. The service provides information regarding whether the information system provides reliable information for internal operating decisions. D. The CPA is not permitted to provide any other services for the entity if he or she is to perform the service.
A juice drink filling machine, when in perfect adjustment, fills the bottles with 12 ounces of drink on an average. Any overfilling or underfilling results in the shutdown and readjustment of the machine. To determine whether or not the machine is properly adjusted, the correct set of hypotheses is
A. H0: ?< 12 Ha: ?? 12.
B. H0: ?
12 Ha: ?> 12.
C. H0: ?? 12 Ha: ? = 12.
D. H0: ? = 12 Ha: ?? 12.
Conflict between an individual's work group and other work groups within the organization usually surface during the ________ socialization stage.
A. role management B. anticipatory C. accommodation D. All of the choices are correct.
Which of the following SQL commands will require the user RTHOMAS to change the account password the next time the database is accessed?
a. ALTER USER rthomas PASSWORD EXPIRE ; b. ALTER USER rthomas CHANGE PASSWORD; c. ALTER USER rthomas UPDATE PASSWORD; d. ALTER USER rthomas EXPIRE PASSWORD;