When a Potential Client Has Announced Its Intention to "Go

Multiple Choice

When a potential client has announced its intention to "go public," the auditor's client acceptance decision is likely to depend upon:

A) the results of background checks performed on individuals in key financial management positions.
B) whether a formal RFP was used.
C) whether the predecessor auditor was appropriately independent.
D) characteristics of the shareholders who will purchase the public shares.