In order to reduce the auditor's liability exposure,engagement letters should include which of the following?

Question

Quizplus · Accepted Answer

Including a clearly stated scope of the work to be done will help reduce the auditor's liability exposure by clearly defining the extent of their responsibilities and limiting the potential for misunderstandings or disputes with clients. B, C, and D are not necessary or appropriate in an engagement letter, as they do not relate to the scope of work or liability exposure of the auditor.

In Order to Reduce the Auditor's Liability Exposure,engagement Letters Should