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Tracy Smith, CPA, is in charge of the audit of Olymic Fashions, Inc. Seven young members of the public accounting firms professional staff are working

Tracy Smith, CPA, is in charge of the audit of Olymic Fashions, Inc. Seven young members of the public accounting firms professional staff are working with Smith on this engagement and several of the young auditors are avid skiers. Olympic Fachions owns two condominiums in Aspen, Colorado, which it uses primarily to entertain clients. The controller of Olympic Fashions has told Smith that she and any of her audit staff are welcome to use the condominiums at no charge any time that they are not already in use. How should Smith respond to this offer? Explain

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