The PCAOB requires audit partners to be rotated off after serving as a public client’s auditor for a specified period.

El Real Tex Mex is an audit client of the DC office of Mason LLP. Mason LLP has offices in New York, Washington D.C., and Los Angeles. Based on the AICPA code of conduct, determine if each of the following individuals is a covered member for El Real Tex Mex. Use the only information provided below. 1. Gregory Washington is a partner in the DC office of Mason. He does not work on the El Real Tex Mex audit. (2 points) 2. Young Kim is a first-year staff auditor who works on the El Real Tex Mex audit. (2 points) 3. Eugenia P Tsirigotis is a manager in the New York office of Mason. She does not work on the El Real Tex Mex audit. (2 points) 4. Janet Faughnan who owns an immaterial amount of stock of El Real Tex Mex recently joins the New York office of Mason. (2 points) 5. Mark Ingram, Los Angeles office manager, provides tax service to El Real Tex Mex. (2 points)

Audit risk refers to the likelihood that auditors issue an incorrect audit opinion.

Which of the following is NOT correct about PCAOB inspections?

If an audit team increases the assessed level of control risk after performing tests of controls, the audit team would most likely increase the

Which of the following services is NOT prohibited to an audit client when the client is a public company?

An auditor’s judgment concerning the overall fairness of the presentation of financial statements is applied against the framework (or criteria) of:

Two hosts, A and B, are connected through a router R.                                A ———— R ———— BEach link is 500 Kilometers long, and the signal propagation speed is 2.5×108 m/s; each link has a bandwidth of 1 Mb/s. A sends a 950,000-byte file in 1,000 equal-sized packets. The packet header size is 50 bytes. A sends the packets back-to-back without a gap, with packet one starting at 0 seconds. Ignoring processing and queueing delays, calculate the following times and select the closest match from the right column.

A nurse is assessing a client who started atomoxetine for ADHD recently. Which of the following assessments indicate a positive therapeutic effect of the medication?

What are the coefficients of the balanced chemical equation below?               ___Cr2(CO3)3(s) →  ___ Cr2O3(s) + ___CO2(g)