With respect to a merger involving your audit client, which is not a relevant consideration

With respect to a merger involving your audit client, which is not a relevant consideration

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With respect to a merger involving your audit client, which is not a relevant consideration

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Which statement is not a relevant consideration

Assignment Help Accounting Basics

Reference no: EM132716379

Problem 1: Which statement is not a relevant consideration when evaluating a potential conflict of interest in connection with aa merger involving audit client?

Option 1: whether your firm's policies prohibit such engagements

Option 2: whether threats to your compliance with the code would be at an acceptable level

Option 3: whether the appropriate persons at the client consent to your firm's preforming services

Option 4: whether violation of the code would subject your firm to substantial penalties

Reference no: EM132716379

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Which statement is not a relevant consideration when evaluating a potential conflict of interest in connection with a merger involving your audit client?

A) Whether your firm's policies prohibit such engagements.

B) Whether threats to your compliance with the code would be at an acceptable level.

C) Whether the appropriate persons at the client consent to your firm's performing the services.

D) Whether violation of the code would subject your firm to substantial penalties.

Answer & Explanation

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