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Question 35 What is an engagement quality control review? O An objective evaluation of the significant judgements made by the engagement team OAn evaluation
Question 35 What is an engagement quality control review? O An objective evaluation of the significant judgements made by the engagement team OAn evaluation of operating effectiveness of the entity's control OA review of the work less experienced team members by more experienced team members OA review to ensure that the entity is going concern (2 points) Not Yet Answered Time remaining $2:52 Question 36 When the total fees from an audit client represent a large portion of the total fees of the audit firm, the dependence on that client creates self-interest Of fees from the client exceed 15% for any year, no safeguards are necessary as long as that fact has been disclosed to those charged with governance Olf fees from the client exceed 15% for more than two years, the audit firm must resign from the engagement Oif fees from the client exceed 15% for a year, a safeguard must be applied to reduce threat to an acceptable level. Oif fees from the client exceed 15% for two consecutive years, a safeguard must be applied to reduce threat to an acceptable level (2 points) Not Yet Awered Time remaining 2.52
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