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Test Bank for Auditing An International Approach 7th Edition- Test Bank

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  • August 28, 2022
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Sample Test
c3
Student:



Which of the following philosophical principles in ethics places emphasis
on the importance of following rules rather than on weighing the
consequences of actions?

A. Kantian principle.


1
. B. Utilitarian principle.



C. Consequentialism principle.



D. Moral principle.

, Which of the following philosophical principles of ethics places emphasis
on the consequences of action, rather than on following the rules?

A. Imperative principle.



2 B. Utilitarianism principle.
.

C. Generalization principle.



D. Moral principle.




What is a key characteristic of critical thinking?

A. It is a means of eliminating alternatives to arrive at one right answer.




3 B. It requires making the right assumptions to support an argument.
.

C. It requires a questioning mind.



D. It is a means of picking out things wrong with another person’s argument.




The goal of the critical-thinking framework reflects .

4 A. independence
.

B. ideal audit virtues

, C. skepticism



D. ethics




What is the meaning of the rule of professional conduct that requires an
auditor to be objective?

A. The auditor may have a material, indirect financial interest in a client’s business as long as it does not affect




5 B. The auditor has an obligation to CPA Canada to not use his or her training for personal advantage.
.

C. The auditor has an obligation to serve the needs of the audit client.



D. The auditor must have an attitude of professional skepticism toward an auditee’s management.




6 The CPA Ontario Rules of Professional Conduct contain both general
. ethical principles that are idealistic in character and also a .

A. list of violations that would cause the automatic suspension of a member’s license



B. set of specific, mandatory rules describing minimum levels of conduct required of members



C. description of the procedures to be followed by a member who must respond to an inquiry from the discipl

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