Different CPA firms may evaluate the inherent risks in a prospective audit engagement differently. For example, one CPA firm may decline acceptance of a prospective engagement involving a public offering of securities, while another CPA firm with extensive experience in public offerings may actively seek such prospective clients. The questions that may not be useful in deciding whether unusual risks exist in a prospective audit engagement? Select one: a. Who will use the audited financial statements, and for I what purposes will the statements be used? For example, will the statements be used with a material placement of debt or equity, with other transfers of interests, with litigation? b. Does the prospective client appear to be a viable going-concern? How adequate are measures of financial strength, profitability, and solvency? Is the entity in violation of important debt covenants? C. Has profitability or solvency deteriorated significantly in recent years? d. What is the trend of competitive companies?