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The Key Question Raised by the Facts of the Rhody

Question 47

Multiple Choice

The key question raised by the facts of the Rhody Electronics case is:


A) Should the client be allowed to determine what appears in the financial statements?
B) Should audit firms develop tax shelter arrangements for wealthy clients?
C) Should audit firms discuss their audit opinions with clients?
D) Should the client be able to influence the audit procedures followed by the firm?

Correct Answer:

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