Before accepting an engagement, the auditor should identify special circumstances and unusual risks.Which of these conditions is not directly part of a review of such a circumstance or risk?
A) Reviewing industry and economic data.
B) Identifying intended users of the audited financial statements.
C) Assessing a prospective client's legal and financial stability.
D) Evaluating the entity's auditability.
Correct Answer:
Verified
Q4: In accepting an engagement, an auditor takes
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Q19: Which of these, best describes the auditor's
Q20: The auditor should regularly evaluate clients in
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