Explain what is implied by the term low-balling in an audit context. How can this practice potentially

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Explain what is implied by the term low-balling in an audit context. How can this practice potentially affect the quality of independent audit services?

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Contemporary Auditing

ISBN: 978-1285066608

8th edition

Authors: Michael C. Knapp

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Question Posted: Oct 02, 2014 07:33 AM

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Explain what is implied by the term low-balling in an audit context. How can this practice potentially

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Lowballing refers to a method used by accounting firms to obtain audit clients principally in a comp...View the full answer

Contemporary Auditing

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