Packet 2: Tossup 3

In a type of study named for this process, pairs of test subjects who differ only in a trait of interest apply for a service and are compared for discrimination. (-5[1])This process can be prompted by high DIF or UIDIF scores. This process involves checking the assumption of “going concern” and should follow GAAS (“gas”) guidelines. (-5[1])The PCAOB oversees independent SOX examples of this process, (15[2])which must occur annually and are named for the (*) Sarbanes-Oxley (10[2]-5[1])act. (10[2])“Qualified” and “unqualified” are (-5[1])two of the four opinions that can ensue from this process, which look for a “true and fair (10[1])view.” (10[3])Failure at this process, as well as alleged complicity, contributed to the 2002 (-5[1])downfall of Arthur (10[1]-5[1])Andersen, (-5[1])which had been hired (10[1])by Enron. (10[1]-5[1])For 10 points, CPAs (10[1])perform (10[1]-5[1])what (10[1])independent (10[4])examinations (10[1])of an individual’s or (10[1])firm’s financial (10[1])records? (10[1])■END■ (10[5]0[1])

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