Your firm is proposing to assist Company X (a tax client) with plans to acquire your audit client. Which best describes an important consideration when determining whether this service would create a potential conflict of interest? \begin{tabular}{|l|} \hline Whetheryouhavealreadydrawnupanengagementlettertoperformtheservices. \\ \hline Whetherviolationofthecodewouldsubjectyourfirmtosubstantialpenalties. \\ \hline Whetherareasonableandinformedthirdpartywouldconcludethataconflictofinterestexists. \\ \hline WhetherthePCAOBconsentedtoyourfirmperformingtheservices. \end{tabular}