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Author Question: In assessing management integrity for potential new audit clients, the auditor should examine the ... (Read 38 times)

jmoore1989

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on: Aug 21, 2022

Question 1

If an auditor believes the client will have financial difficulties after the audit report is issued, and external users will be relying heavily on the financial statements, the auditor will probably set acceptable audit risk as low.
◦ true
◦ false

Question 2

In assessing management integrity for potential new audit clients, the auditor should examine the prospective client's standing in the business community, financial stability, and relations with its previous CPA firm, among other procedures.
◦ true
◦ false
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by jmoore1989 on Aug 21, 2022

Jaclyn92G6

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Reply #1 on: Aug 21, 2022
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jmoore1989

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Reply 2 on: Aug 21, 2022
YES! Correct, THANKS for helping me on my review

ultraflyy23

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Reply 3 on: Yesterday
Wow, this really help

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