新用户扫码下载
扫码下载APP
及时接收最新考试资讯及
备考信息
USCPA精选习题4
每天叫醒你的不只有闹钟，还应该有不拿USCPA证书誓不罢休的梦想！USCPA考试已经进入冲刺，所以不甘落后的你也赶快学习吧！正保会计网校为大家整理了习题，希望大家利用好这些内容，能够在有限的时间内提高自己成绩。
Which of the following best describes the auditor's responsibility with respect to fair values?
a. The auditor should obtain sufficient appropriate audit evidence to provide reasonable assurance that fair value measurements and disclosures are in conformity with GAAP.
b. The auditor should determine whether management has the intent and ability to carry out courses of action that may affect fair values.
c. The auditor should make fair value measurements and disclosures in accordance with GAAP and should identify and support any significant assumptions used.
d. The auditor should assess the risk of material misstatement of fair value measurements.
【正确答案】a
【答案解析】
Choice "a" is correct. The auditor's overall responsibility is to obtain sufficient appropriate audit evidence to provide reasonable assurance that fair value measurements and disclosures are in conformity with GAAP.
Choice "b" is incorrect. While it is true that the auditor should determine whether management has the intent and ability to carry out courses of action that may affect fair values, this is just one part of evaluating fair value measurements and not the best description of the auditor's overall responsibility.
Choice "d" is incorrect. While it is true that the auditor should assess the risk of material misstatement of fair value measurements, this is done to determine the nature, timing, and extent of audit procedures. It is not the best representation of the auditor's overall responsibility.
Choice "c" is incorrect. Management (and not the auditor) should make fair value measurements and disclosures in accordance with GAAP and should identify and support any significant assumptions used.
相关推荐：
有意向报考的AICPA的考生赶快点击下方按钮进行免费预评估>> 了解AICPA报考条件吧！
上一篇：USCPA精选习题5
新用户扫码下载
京公网安备 11010802044457号