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Which of the following would prevent an auditor from accepting a new engagement? The client's financial statements are presented on the cash basis. The client
Which of the following would prevent an auditor from accepting a new engagement?
The client's financial statements are presented on the cash basis.
The client changed from FIFO to LIFO accounting for inventory purposes during the audit year.
The predecessor auditor is allowing access to only certain workpapers.
The client's accounting manager left shortly before yearend.
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Financial Accounting Tools for Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
9th edition
1-119-49356-3, 1119493633, 1119493560, 978-1119493631
