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Your firm wishes to assist Company X ( a consulting client ) with plans to acquire your audit client. Which factor is relevant when evaluating
Your firm wishes to assist Company X a consulting client with plans to acquire your audit client. Which factor is relevant when evaluating the potential conflict of interest?
Whether violation of the AICPA Code of Professional Conduct would subject your firm to substantial penalties.
Whether your firm's policies consider this scenario to create a conflict of interest.
Whether the PCAOB consented to your firm performing the services.
Whether you have performed similar services for Company X before.
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