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An acceptance of an audit engagement is not allowed when: Select one: a. the management understands and acknowledges its responsibilities regarding financial reporting. b. the
An acceptance of an audit engagement is not allowed when:
Select one:
a.
the management understands and acknowledges its responsibilities regarding financial reporting.
b.
the terms of engagement are mutually agreed by the auditor and the management.
c.
the financial reporting framework to be applied in the preparation of the financial statement is acceptable.
d.
the management imposes a limitation on the scope of the auditors work.
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