Question: In some circumstances, auditors should report fraud and illegal acts directly to parties external to the audited entity.
Sometimes auditors should not report cases of fraud to outside parties.

Answer: yes

Question: 7 However, participants cautioned that reporting only on internal controls over financial reporting could lead to more of a gap in what investors perceive as the scope of the auditor's work.
The prospective gap in investor perceptions isn't necessarily a bad thing for the profession.

Answer: it is not possible to tell

Question: well i think you will be real pleased to get away from the banana as i used to call it it's uh i used it on uh some other machines in days gone by and was real pleased to leave it it was a real memory hog when you started making large block changes to it
You must love the banana, even though it hogs lots of memory.

Answer:
no