Multiple Choice
Which of the following is not a conflict of interest in accounting firms?
A) The firm provides consulting as well as rating creditworthiness.
B) Auditors may be pressured to skew their opinions so the client will stay with the firm.
C) Auditors may be reluctant to criticize advice put into place by nonaudit personnel of the firm.
D) Auditors release an overly favorable audit in order to solicit business.
Correct Answer:
Verified
Correct Answer:
Verified
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