Question
Which of the following is a negative factor influencing client acceptance and retention with respect to competence issues? A. The audit firm does not have
Which of the following is a negative factor influencing client acceptance and retention with respect to competence issues?
A. The audit firm does not have the affiliation with specialists to meet client needs. | ||
B. The client has a weak accounting system with few internal controls. | ||
C. The audit firm has conflict of interest issues that cannot be resolved prior to client acceptance. | ||
D. There are significant regulatory reporting requirements with close monitoring by regulators. |
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Auditing a business risk appraoch
Authors: larry e. rittenberg, bradley j. schwieger, karla m. johnston
6th Edition
9780324645095, 324645090, 978-0324375589
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