John Adams is meeting with a potential PFP client. Based on reasoned judgment, John feels that he is qualified to enter into a PFP engagement. As part of the engagement process, what are his obligations to the client?

I. To disclose compensation on the sale of life insurance products.

II. To define the time frame for the engagement.

III. To give the client a brochure about the PFP firm.

IV. To explain the client’s responsibilities.

A. I, II.

B. I, III, IV.

C. I, III.

D. I, II, IV.