In order to achieve effective quality control, a firm of independent auditors should establish policies and procedures for:
A)determining the minimum procedures necessary for unaudited financial statements.
B)setting the scope of audit work.
C)deciding whether to accept or continue a client.
D)setting the scope of internal control study and evaluation.

Question

Quizplus · Accepted Answer

Establishing policies and procedures for deciding whether to accept or continue a client is a key aspect of quality control for auditors, ensuring that they only engage with clients that meet certain standards and criteria.

In Order to Achieve Effective Quality Control, a Firm of Independent