Which out of the following identifies potential conflict of interest and independence requirement? Engagement Letter Conflicts Check Sentinel Client Background Check Pitches and Proposals Justin a manager with the ITA team was suggested a few changes in the GTB by one of his clients. Whose approval should Justin take on the modified terms? Conflicts Check team Global Resolver Contracts compliance team Contracts Review team Advisory FRP Under the third party evaluation process, which is the first step to be followed? Initiate CBC and obtain Sentinel Functional Risk Partner critically assesses the need for Third Party business case Invoice by Third Party and payment by Finance team Engagement team presents the Third Party business case to the HoD and FRP Update SAN as "Lost" or "Won" for Third Party as the case maybe Shreekant, a manager in the forensic team is approached by an SEC restricted audit client to engage as a loan staff. Can Shreekant initiate risk formalities for the proposed engagement? Yes, without a thought Maybe, under certain pre-conditions Yes, only with an approval This engagement is strictly prohibited under any given circumstances, hence, Shreekant should refuse the client Select some of the common mistakes done by the engagement teams, noted during QPR? More time was charged by the Engagement Partner on an engagement For an ongoing engagement changes were made in the EL regarding the Engagement Manager for that particular project, and documentation for it through ToR was not done Some documents in paper form were presented for the review and were not available in the Q-Box Deliverables were issued without Transmittal Letter Working papers were not compiled properly as an evidence 'Engaging' and 'Other' Parties' were identified correctly SAN fee range was updated GUP was not linked with the entity