Question
Mr. Ahmed is an auditor of ABC LTD for the past 10 years. He is undertaking audit work of the company from past ten years.
Mr. Ahmed is an auditor of ABC LTD for the past 10 years. He is undertaking audit work of the company from past ten years. But, now the company is in the phase of selling their business to some other companies. To complete the selling procedure, the company has given the work to Mr. Ahmed. Due to financial crisis in the past 2 years the company havent paid the audit fees of Mr. Ahmed. The management is forcing Mr. Ahmed to produces a good audit report of the last year has the company needs to sell the business.
Base on the above paragraph, which one of the following threat Mr. Ahmed is not facing?
a) Self-review
b) Advocacy
c) Self interest
d) Intimidation
Base on the above paragraph, which one of the following threat Mr. Ahmed has faced due to long tenure of work?
a) Self interest
b) Familiarity
c) Advocacy
d) Self-review
Base on the above paragraph, which one of the following threat Mr. Ahmed may face since he is an auditor and also he is involved in the process of selling the business?
a) None of these
b) Familiarity
c) Advocacy
d) Self-review
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started