In Making Client Acceptance Decisions, the Audit Firm Will Consider

question 61

Multiple Choice

In making client acceptance decisions, the audit firm will consider:

• A)inherent and control risk of the client.
• B)audit risk to the CPA Firm.
• C)the client's business risk and the risk of material misstatements in the financial statements.
• D)CPA Firm's potential ongoing revenue from the audit client.

---

Definitions:

Portrait Subject

The person or figure that is being depicted in a portrait.

Pieter Aertsen

A Dutch painter of the 16th century, known for his genre scenes and still lifes, as well as for incorporating biblical subjects into market and kitchen scenes.

New Testament Scene

Imagery or artistic representation derived from events, stories, or characters found in the New Testament of the Christian Bible.

German Art

Refers to the visual arts originating from or associated with Germany, encompassing a wide range of styles and periods, from ancient to modern times.