Kramer, CPA, consulted an independent appraiser regarding the valuation of fine art for a not$-$for$-$profit museum. Consultation with the appraiser in this case would:

Multiple Choice

be considered as exercising proper due care.

be considered a failure to follow generally accepted auditing standards because Kramer should have known how to value fine art before accepting the engagement.

not be considered a violation of generally accepted auditing standards because generally accepted auditing standards does not apply to not$-$for$-$profit entities.

None of the choices are correct.