Solved

To Ensure That Employees Remain Independent, an Audit Firm Should

Question 71

Multiple Choice

To ensure that employees remain independent, an audit firm should


A) ask employees to sign a form confirming that they do not have an investment in a company that they are auditing.
B) prohibit an employee from the Toronto office to have an investment in a company audited by the Hong Kong branch of the PA firm.
C) include a section in the code of conduct indicating that the employees should not invite their client to dinner.
D) refuse an audit mandate where the cousin of a staff member works in the marketing department.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions