A CPA Firm Would Provide Itself Reasonable Assurance of Meeting

Multiple Choice

A CPA firm would provide itself reasonable assurance of meeting its responsibility to offer professional services that conform with professional standards by

A) establishing an understanding with each client concerning individual responsibilities in a signed engagement letter.
B) assessing the risk that errors and fraud may cause the financial statements to contain material misstatements.
C) developing specific audit objectives to support management's assertions that are embodied in the financial statements.
D) maintaining a comprehensive system of quality control that is suitably designed in relation to its organizational structure.