Which of the Following Topics Is not Normally Included in an Engagement

question 80

Multiple Choice

Which of the following topics is not normally included in an engagement letter?

• A)The auditors' level of materiality in planning the audit.
• B)The auditors' estimate of the fee for the engagement.
• C)Limitations on the scope of the engagement.
• D)A description of responsibility for the detection of fraud.

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Definitions:

U.S. Constitution

The supreme law of the United States, embodying fundamental principles and establishing the national government's structure, functions, and powers.

Administrative Law

A branch of public law that governs the activities of administrative agencies of government, including rulemaking, adjudication, or the enforcement of a specific regulatory agenda.

Case Law

Legal principles developed through decisions in court cases rather than statutes.

Fifth Amendment

An amendment to the U.S. Constitution that provides protections including the right against self-incrimination and double jeopardy.