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Problems 4-18, 4-19, 4-20, 4-21, and 4-22Problems 5-17, 5-19, 5-21, and 5-26Problems 11-19, 11-20, and 11-23Chapter 4, pages 104–108: Chapter 5, pages 132–138: Chapter 11, page 362:
ANSWER = 14-18 (Objective 4-6) The following questions concern independence and the Code of Professional Conduct or GAAS. Choose the best response.a. What is the meaning of the generally accepted auditing standard that requires the auditor be independent?b. The independent audit is important to readers of financial statements because itc. An auditor strives to achieve independence in appearance to
ANSWER = 34-19 (Objective 4-7) The following questions concern possible violations of the AICPA Code of Professional Conduct. Choose the best response.a. In which one of the following situations would a CPA be in violation of the AICPACode of Professional Conductin determininb. The AICPACode of Professional Conductstates that a CPA shall not disclose any confidential information obtained in the couengagement except with the consent of the client. In which one of the following situations would disclosure by a CPA be in vio