Multiple Choice Questions
The following questions concern quality control standards. Choose the best response.
a. A CPA firm is reasonably assured of meeting its responsibility to provide services that conform with professional standards by
(1) Adhering to generally accepted auditing standards.
(2) Having an appropriate system of quality control.
(3) Joining professional societies that enforce ethical conduct.
(4) Maintaining an attitude of independence in its engagements.
b. The nature and extent of a CPA firm’s quality control policies and procedures depend on