Denis is contemplating taking on a company as a new audit client. What things should he ask the predecessor audit about? 1. A. Information that might bear on the integrity of management. B. Disagreements with management as to accounting principles, auditing procedures, or other similarly significant matters C. Communications to audit committees or others with equivalent authority and responsibility regarding fraud, illegal acts by clients, and internal-control-related matters D. The predecessor auditor's understanding as to the reasons for the change of auditors. E. All of the above F. None of the above In assessing whether to accept a client for an audit engagement, a CPA should consider 2. A. The current financial health of the prospective client. B The integrity of management. C. The CPA's overall engagement risk. All of the above None of the above E. Engagement letters include all of the following except: A list of additional services that will be provided A. B A list of adjusting journal entries. B C. Information about the audit fee Arrangements involving the use of specialists 4 A. The understanding between the CPA and the audit client company should Be oral Be written During the acceptance process and preliminary engagement activities, the auditor would most likely A.Identify specific internal control activities that are likely to prevent fraud Evaluate the reasonableness of the client's accounting estimates Discuss the timing of the audit procedures with the client's management. Inquire of the client's attorney as to any unrecorded claims C