1- Which of the following is not considered an attest engagement:
a- A compilation.
b- A review.
c- An agreed upon procedures engagement.
d- All of the above are attested agreements.
2- Which of the following would have the greatest chance of resulting in a lawsuit against the auditor?
a-Incorrect rejection of an accountbalance
b-Incorrect acceptance of an accountbalance
c-A type oneerror
d-Using variables sampling to determine the correct balance in accountspayable
3- An account balance is $300,000 and there are 25 items in the account, six of which have balances that equal or exceed $15,000. The auditor plans to use a monetary-unit sampling plan with systematic sample selection. To ensure that all accounts with balances of at least $15,000 are selected, the sampling interval should be
c- 12, 000