When using a general framework for making high-quality professional decisions,the auditor would typically take all of the following steps except which one of the following:

Question

Quizplus · Accepted Answer

Assessing the risk of potentially losing the client and the impact of the lost fee on the firm is not a step in a general framework for making high-quality professional decisions. This decision should be made based on the auditor's commitment to ethical principles and professional responsibility, rather than financial considerations. Steps A and B are essential components of a general decision-making framework.

When Using a General Framework for Making High-Quality Professional Decisions,the