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6- The preface of the AICPA code of professional conduct is applicable to: A- All...

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Accounting

6- The preface of the AICPA code of professional conduct is applicable to: A- All members. B- Members in public practice. C- Members in business. D- Other Members. 7- When a business is unable to repay its lenders or meet the expectations of investors is called: A- Business failure. B- Audit failure. C- Audit risk. D- None of the above answers is correct one. 8- When the auditor issues an incorrect audit opinion because the auditor did not comply with auditing standards is called: A- Business failure. B- Audit failure. C- Audit risk. D- None of the above answers is correct one. 9- The auditor can be held liable for the incorrect opinion if: A- The auditor exercised due care in performing the audit. B- The auditor conducted an adequate audit. C- The auditor did not exercise due care in performing the audit. D- None of the above answers is correct one. 10- The difference between what an auditors responsibilities are and what the user expects from the auditor is: A- Business failure. B- The expectation gap. C- Audit failure. D- Audit risk.

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