Auditor: An auditor is one who checks the books of accounts of the company and gives remark on it. By his professional qualification he provides service to the society. An auditor may be internal auditor or external auditor of the company. An auditor may be a person or firm appointed by the company to perform audit. Ethics: Ethics are the moral value that a person has to follow in society. Ethics are the principles that provide the knowledge of what is right, and what is wrong. Ethics definition is not same to every person. An activity is right to one person but wrong in the eyes of other. Ethics depend on the human behavior and habits of the individual. To identify: Ethics rules affecting auditor’s choice of client.

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Answer 1

Question

Chapter 1, Problem 11DQ

To determine

Auditor: An auditor is one who checks the books of accounts of the company and gives remark on it. By his professional qualification he provides service to the society. An auditor may be internal auditor or external auditor of the company. An auditor may be a person or firm appointed by the company to perform audit.

Ethics: Ethics are the moral value that a person has to follow in society. Ethics are the principles that provide the knowledge of what is right, and what is wrong. Ethics definition is not same to every person. An activity is right to one person but wrong in the eyes of other. Ethics depend on the human behavior and habits of the individual.

To identify: Ethics rules affecting auditor’s choice of client.

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Answer 2

Question

Chapter 1, Problem 11DQ

To determine

Auditor: An auditor is one who checks the books of accounts of the company and gives remark on it. By his professional qualification he provides service to the society. An auditor may be internal auditor or external auditor of the company. An auditor may be a person or firm appointed by the company to perform audit.

Ethics: Ethics are the moral value that a person has to follow in society. Ethics are the principles that provide the knowledge of what is right, and what is wrong. Ethics definition is not same to every person. An activity is right to one person but wrong in the eyes of other. Ethics depend on the human behavior and habits of the individual.

To identify: Ethics rules affecting auditor’s choice of client.

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Answer 3

Question

Chapter 1, Problem 11DQ

To determine

Auditor: An auditor is one who checks the books of accounts of the company and gives remark on it. By his professional qualification he provides service to the society. An auditor may be internal auditor or external auditor of the company. An auditor may be a person or firm appointed by the company to perform audit.

Ethics: Ethics are the moral value that a person has to follow in society. Ethics are the principles that provide the knowledge of what is right, and what is wrong. Ethics definition is not same to every person. An activity is right to one person but wrong in the eyes of other. Ethics depend on the human behavior and habits of the individual.

To identify: Ethics rules affecting auditor’s choice of client.

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Answer 4

Question

Chapter 1, Problem 11DQ

To determine

Auditor: An auditor is one who checks the books of accounts of the company and gives remark on it. By his professional qualification he provides service to the society. An auditor may be internal auditor or external auditor of the company. An auditor may be a person or firm appointed by the company to perform audit.

Ethics: Ethics are the moral value that a person has to follow in society. Ethics are the principles that provide the knowledge of what is right, and what is wrong. Ethics definition is not same to every person. An activity is right to one person but wrong in the eyes of other. Ethics depend on the human behavior and habits of the individual.

To identify: Ethics rules affecting auditor’s choice of client.

Expert Solution & Answer

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Answer 5

Chapter 1, Problem 11DQ

To determine

Auditor: An auditor is one who checks the books of accounts of the company and gives remark on it. By his professional qualification he provides service to the society. An auditor may be internal auditor or external auditor of the company. An auditor may be a person or firm appointed by the company to perform audit.

Ethics: Ethics are the moral value that a person has to follow in society. Ethics are the principles that provide the knowledge of what is right, and what is wrong. Ethics definition is not same to every person. An activity is right to one person but wrong in the eyes of other. Ethics depend on the human behavior and habits of the individual.

To identify: Ethics rules affecting auditor’s choice of client.

Answer 6

Chapter 1, Problem 11DQ

To determine

Auditor: An auditor is one who checks the books of accounts of the company and gives remark on it. By his professional qualification he provides service to the society. An auditor may be internal auditor or external auditor of the company. An auditor may be a person or firm appointed by the company to perform audit.

Ethics: Ethics are the moral value that a person has to follow in society. Ethics are the principles that provide the knowledge of what is right, and what is wrong. Ethics definition is not same to every person. An activity is right to one person but wrong in the eyes of other. Ethics depend on the human behavior and habits of the individual.

To identify: Ethics rules affecting auditor’s choice of client.

Answer 7

Chapter 1, Problem 11DQ

To determine

Auditor: An auditor is one who checks the books of accounts of the company and gives remark on it. By his professional qualification he provides service to the society. An auditor may be internal auditor or external auditor of the company. An auditor may be a person or firm appointed by the company to perform audit.

Ethics: Ethics are the moral value that a person has to follow in society. Ethics are the principles that provide the knowledge of what is right, and what is wrong. Ethics definition is not same to every person. An activity is right to one person but wrong in the eyes of other. Ethics depend on the human behavior and habits of the individual.

To identify: Ethics rules affecting auditor’s choice of client.

Answer 8

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Answer 9

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Answer 10

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Answer 11

Ch. 1 - Prob. 1MCQ Ch. 1 - Prob. 2MCQ Ch. 1 - If the assets of a company increase by $100,000...Ch. 1 - Brunswick borrows $50,000 cash from Third National...Ch. 1 - Geek Squad performs services for a customer and...Ch. 1 - Prob. 1DQ Ch. 1 - Prob. 2DQ Ch. 1 - Identify four kinds of external users and describe...Ch. 1 - Prob. 4DQ Ch. 1 - Prob. 5DQ

Solution Summary: The author explains that an auditor checks the books of accounts of the company and gives remark on it.

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Chapter 1 Solutions