When completing the audit of internal controls for a public company the PCAOB requires auditors to audit internal controls over: Operations Compliance with regulations Financial Reporting All of the answers shown

Question 16 When completing the audit of internal controls for a public company, the PCAOB requires auditors to audit internal controls over:     Operations     Compliance with regulations     Financial Reporting     All of the answers provided

Question 8 organizations use the GAAP framework of internal control as a benchmark when assessing the effectiveness of internal control over financial reporting.  True  False

QUESTION 9 Match the appropriate term with each of the following definitions. ✓ Accounting standards issued by FASB in the US ✓ Auditing standards used in the US An examination of financial statements by independent CPAS Directed by the audit committee to evaluate the company's processes, systems, and internal controls ✓ Framework of rules, processes, and practice by which the company is directed and controlled QUESTION 10 Financial statements of public companies are required to be audited by an independent certified public accounting firm the Audit Committee of the Board of Directors the Chief Financial Officer all of the above none of the above A. Generally Accepted Auditing Standards B. Internal Auditors C. Generally Accepted Accounting Principles D. External Audit E. Corporate Governance