Maralee has been approached by J.Fox Entertainment to perform an audit of her theatre company.Maralee has never audited a theatre company before.Maralee can
A) Decline the engagement because she does not have the specialized industry knowledge.
B) Recommend another auditor and receive a fee for the referral.
C) Accept the engagement if she can obtain the required knowledge before the end of the engagement.
D) Accept the engagement with the understanding that additional hours will be required to learn and understand the nature of the business.

Question

Quizplus · Accepted Answer

Maralee can accept the engagement if she can obtain the necessary knowledge before completing the audit, ensuring she can perform her duties competently.

Maralee Has Been Approached by J