Which of the following conditions most likely would pose the greatest risk in accepting a new client engagement?
a. Staff will need to rescheduled to cover this new client
b. There will be a client-imposed scope limitation
c. The firm will have to hire a specialist in one audit area
d. The client's financial reporting system has been in place for 10 years
Ans: b. There will be a client-imposed scope limitation
Business
You might also like to view...
The Age Discrimination in Employment Act only protects worker from age 40 to age 70
Indicate whether the statement is true or false
Business
Identify a different key success driver and inhibitor for the project stages of formation, build-up, main phase, and close-out
What will be an ideal response?
Business