A Public Accounting Firm Should Decline an Offer to Perform

Multiple Choice

A public accounting firm should decline an offer to perform management advisory services if:

A) the proposed engagement is not accounting- related.
B) recommendations to be made by the firm are to be subject to review by the client.
C) the firm audits the financial statements of a subsidiary of the prospective client.
D) acceptance would require the firm to make management decisions for an audit client.