Which factor would NOT be considered by an audit firm in deciding whether to accept a new client?
A) the client's probability of achieving an unqualified opinion
B) the client's standing in the business community
C) the client's relation with its previous audit firm
D) the client's financial stability

Question

Quizplus · Accepted Answer

While the client's probability of achieving an unqualified opinion may be a factor considered during the audit, it would not typically be a deciding factor in whether or not to accept a new client. The other factors listed (standing in the business community, relation with previous audit firm, financial stability) would likely have more bearing on the decision to accept a new client.

Which Factor Would NOT Be Considered by an Audit Firm