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A CPA Would Violate the Due Care Principle If He/she

Question 75

Multiple Choice

A CPA would violate the Due Care Principle if he/she:


A) Undertook a professional engagement without having the requisite background, knowledge and experience.
B) Specializes in the industry of the client, even offering training classes for other accounting firms on the industry.
C) The accounting firm uses two external partner reviews on high risk audits or clients.
D) Performs tax services for an audit client with audit committee approval.

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