1.What course of action do you think was taken by the executive director of CFEF? (Note: You will get credit for any answer here, and I'm mostly interested in what my class thinks occurred. I'll reveal next live session).

a.

She came around in the end after the engagement partner backed your audit manager and you up in requiring them to book $5,000,000 in revenue.

b.

She complained about lousy client service and was fired when the audit committee at CFEF back your audit team up.

c.

She kept her job because the board at CFEF did not want to invest in finding a replacement and she got along well with CFEF's big donors.

d.

Everything in c. plus she convinced the board to fire your audit firm.