TEST BANK for Principles of Auditing & Other Assurance
Services 22nd Edition by Whittington & Pany All Chapters
Covered ISBN 1266857664 100% Complete A+ Study
Guide Latest Version
FULL TEST BANK!!!
1|Page
, Table of Content
Chapter 1 The Role of the Public Accountant in the American Economy
Chapter 2 Professional Standards
Chapter 3 Professional Ethics
Chapter 4 Legal Liability of CPAs
Chapter 5 Audit Evidence and Documentation
Chapter 6 Audit Planning, Understanding the Client, Assessing Risks, and
Responding
Chapter 7 Internal Control
Chapter 8 Consideration of Internal Control in an Information Technology
Environment
Chapter 9 Audit Sampling
Chapter 10 Cash and Financial Investments
Chapter 11 Accounts Receivable, Notes Receivable, and Revenue
Chapter 12 Inventories and Cost of Goods Sold
Chapter 13 Property, Plant, and Equipment: Depreciation and Depletion
Chapter 14 Accounts Payable and Other Liabilities
Chapter 15 Debt and Equity Capital
Chapter 16 Auditing Operations and Completing the Audit
Chapter 17 Auditors’ Reports
Chapter 18 Integrated Audits of Public Companies
2|Page
, Chapter 19 Additional Assurance Services: Historical Financial
Information
Chapter 20 Additional Assurance Services: Other Information
Chapter 21 Internal, Operational, and Compliance Auditing
3|Page
, Full Test Bank for Principles of Auditing and Other Assurance
Services 22ndEdition by Ray Whittington, Kurt Pany
Answers are at the end of each chapter
Chapter 1
Student name:
1) Accountants are regulated by a variety of organizations. Match the
statements withthe most directly related organization:
● Accounting and Review Services Committee.
● American Institute of Certified Public Accountants.
● Auditing Standards Board.
● Federal Accounting Standards Advisory Board.
● Financial Accounting Standards Board.
● General Accounting Office.
● Government Accounting Standards Board.
● Public Company Accounting Oversight Board.
● Securities and Exchange Commission.
● State Boards of Accountancy.
Organizations may be used once, more than once, or not at all.
Statements Organizations
A. Develops accounting standardsfor
public and nonpublic companies.
B. Develops accounting standardsfor the
U.S. Government.
C. Improves standards of financial
accounting for state and local government
entities.
D. Issues auditing standards forpublic
4|Page
Services 22nd Edition by Whittington & Pany All Chapters
Covered ISBN 1266857664 100% Complete A+ Study
Guide Latest Version
FULL TEST BANK!!!
1|Page
, Table of Content
Chapter 1 The Role of the Public Accountant in the American Economy
Chapter 2 Professional Standards
Chapter 3 Professional Ethics
Chapter 4 Legal Liability of CPAs
Chapter 5 Audit Evidence and Documentation
Chapter 6 Audit Planning, Understanding the Client, Assessing Risks, and
Responding
Chapter 7 Internal Control
Chapter 8 Consideration of Internal Control in an Information Technology
Environment
Chapter 9 Audit Sampling
Chapter 10 Cash and Financial Investments
Chapter 11 Accounts Receivable, Notes Receivable, and Revenue
Chapter 12 Inventories and Cost of Goods Sold
Chapter 13 Property, Plant, and Equipment: Depreciation and Depletion
Chapter 14 Accounts Payable and Other Liabilities
Chapter 15 Debt and Equity Capital
Chapter 16 Auditing Operations and Completing the Audit
Chapter 17 Auditors’ Reports
Chapter 18 Integrated Audits of Public Companies
2|Page
, Chapter 19 Additional Assurance Services: Historical Financial
Information
Chapter 20 Additional Assurance Services: Other Information
Chapter 21 Internal, Operational, and Compliance Auditing
3|Page
, Full Test Bank for Principles of Auditing and Other Assurance
Services 22ndEdition by Ray Whittington, Kurt Pany
Answers are at the end of each chapter
Chapter 1
Student name:
1) Accountants are regulated by a variety of organizations. Match the
statements withthe most directly related organization:
● Accounting and Review Services Committee.
● American Institute of Certified Public Accountants.
● Auditing Standards Board.
● Federal Accounting Standards Advisory Board.
● Financial Accounting Standards Board.
● General Accounting Office.
● Government Accounting Standards Board.
● Public Company Accounting Oversight Board.
● Securities and Exchange Commission.
● State Boards of Accountancy.
Organizations may be used once, more than once, or not at all.
Statements Organizations
A. Develops accounting standardsfor
public and nonpublic companies.
B. Develops accounting standardsfor the
U.S. Government.
C. Improves standards of financial
accounting for state and local government
entities.
D. Issues auditing standards forpublic
4|Page
