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RD
RD , Certified Public Accountant (CPA)
Category: Finance
Satisfied Customers: 8784
Experience:  MBA, CPA
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3. Which one of the following statements is not true of the

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3.     Which one of the following statements is not true of the AICPA?
     a.     It is public accounting's national professional organization.     
     b.     Membership is mandatory for all CPA firms who practice in more than one state.     
     c.     It operates through a number of divisions.     
     d.     Its publications include the Journal of Accountancy.     
     e.     It provides a broad range of services to members.     


4.     What level of assurance does the reader of a private company financial statement receive on the company's system of internal controls?
     a.     positive assurance
     b.     reasonable assurance
     c.     negative assurance
     d.     no assurance
     e.     limited assurance
           
5.     How many different opinions must an auditor of a publicly held company issue?
     a.     1
     b.     2
     c.     3
     d.     4
     e.     5
Submitted: 8 years ago.
Category: Finance
Expert:  RD replied 8 years ago.
3. Which one of the following statements is not true of the AICPA?
a. It is public accounting's national professional organization.
b. Membership is mandatory for all CPA firms who practice in more than one state.
c. It operates through a number of divisions.
d. Its publications include the Journal of Accountancy.
e. It provides a broad range of services to members.


4. What level of assurance does the reader of a private company financial statement receive on the company's system of internal controls?
a. positive assurance
b. reasonable assurance
c. negative assurance
d. no assurance
e. limited assurance

5. How many different opinions must an auditor of a publicly held company issue?
a. 1
b. 2
c. 3
d. 4
e. 5