Kool Connections,Inc.requests that Wreath and Greenworth Auditors make a proposal to provide audit services for the company.Which of the following is a correct assumption surrounding the result of the proposal?
A) Greenworth is required to accept Kool Connections if selected as its auditors.
B) Greenworth should interview the prior audit firm prior to releasing the proposal to Kool Connections.
C) Greenworth may decide not to accept Kool Connections based upon the perceived risk of being associated with Kool.
D) Greenworth will contact the PCAOB or the AICPA and ask for a review of the proposal prior to acceptance.
Correct Answer:
Verified
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