Chapter 2 Quiz

Chapter 2 Quiz - 5/25/2011 Q uiz (See related pages) Quiz...

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Quiz (See related pages) Results Reporter Out of 10 questions, you answered 10 correctly with a final grade of 100% 10 correct (100%) 0 incorrect (0%) 0 unanswered (0%) Your Results: The correct answer for each question is indicated by a . 1 CORRECT What body is responsible for promulgating governmental auditing rules? A) The AICPA Auditing Standards Board. B) The Public Company Accounting Oversight Board. C) The U.S. Government Accountability Office. D) The Federal Auditing Standards Board. Feedback: Correct. The GAO oversees generally accepted governmental auditing standards (GAGAS). 2 CORRECT Which of the following is not related to the performance principle? A) Adequate planning and supervision. B) Due care. C) Sufficient appropriate evidence. D) Understanding of the entity, including the risk of material misstatement. Feedback: Correct. Due care is related to the responsibilities principle. 3
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This note was uploaded on 05/27/2011 for the course ACC 450 taught by Professor Null during the Spring '11 term at GWU.

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Chapter 2 Quiz - 5/25/2011 Q uiz (See related pages) Quiz...

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