ACCT 574 Week 4 Midterm Exam Page: 1 2 1. Question : (TCO A) Which statement is false? Student Answer: The Public Oversight Board suggested an attitudinal shift in an auditor's degree of skepticism. If a forensic accountant conducts a separate fraud investigation, he or she must follow consulting standards. In the early 1980s, changed auditing standards resulted in less reliance on internal controls. The Public Oversight Board's report occurred before the SarbanesOxley Act. All of the ...