6. An auditor obtains knowledge about a prospective clients business and industry to: a. identify areas of specific risk to the engagement. b. determine whether the clients management is sufficiently trustworthy to justify accepting the engagement. c. make preliminary judgments about material misstatements in the client's financial statements. d. document weaknesses in the client's internal control. 7. A successor auditor should make inquiries of the predecessor auditor regarding: a. whether the predecessor is willing to act as a consultant on the current audit engagement b. changes in product pricing or costing during the preceding year c. the audit fee structure used by the predecessor. d. the reasons for the change of auditors. 8. Which of the following would most likely cause a CPA not to accept an audit engagement? a. Determining that the entity's management lacks integrity b. The inability to perform audit procedures prior to year end. Determining that the entity's internal control is weak