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Which of the following is an authoritative body that the AICPA Code of Professional Conduct authorizes...

Which of the following is an authoritative body that the AICPA Code of Professional Conduct authorizes to promulgate auditing and attestation standards?

A

Public Company Accounting Oversight Board.

B

International Accounting Standards Board.

C

Financial Accounting Standards Board.

D

Auditing Standards Commission.

A requirement to design recruitment processes and procedures to help the firm select individuals meeting minimum academic requirements established by the firm is an example of a quality control procedure in the area of:

A

Acceptance and continuance of client relationships and specific engagements.

B

Engagement performance.

C

Human resources.

D

Relevant ethical requirements.

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Answer #1
Correct option is: A. Public Company Accounting oversight board
Public Company Accounting oversight board is the authoritative authority to promulgate auditing and attestation standards
Correct option is: C. Human resources
Human resources department requires designing of recruitment processes of procedures for selection of individuals
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