Which of the Following Situations Would Most Likely Be in Conflict

question 74

Multiple Choice

Which of the following situations would most likely be in conflict with the responsibilities principle?

• A)Auditors perform the engagement with the performance level expected of prudent auditors, but not expert auditors.
• B)Auditors obtain expertise in their client's industry as they are conducting the audit examination.
• C)Auditors are directly involved with a client manager in a strategic decision-making capacity.
• D)Auditors fail to document their assessment of control risk following their study of internal control.

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Definitions:

Preeminence

The quality of being superior or outstanding in a particular field or context.

Acceptance Is Timely

implies that an offer has been accepted within the timeframe specified, or in a reasonable period, making a contract binding.

Accepted by Offeree

The act of an offeree agreeing to the terms of an offer, thereby creating a binding contract.

Extend an Offer

This refers to the act of presenting a proposal to enter into a contract, which may include terms of employment, purchase offers, or other agreements.