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In the Investigation of a Potential New Client, If the Client

Question 3

Multiple Choice

In the investigation of a potential new client, if the client refuses to give permission to inquire of the existing auditor, or if the existing auditor does not respond fully, the prospective auditor should:


A) consider the implications in making the acceptance or rejection decision.
B) not accept the engagement.
C) request a CPA Australia/ICAA-sanctioned peer review of the predecessor.
D) request assistance from the ASIC.

Correct Answer:

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