In Determining Estimates of Fees,an Auditor May Take into Account

question 12

Multiple Choice

In determining estimates of fees,an auditor may take into account each of the following,except the:

• A) Value of the service to the client.
• B) Degree of responsibility assumed by undertaking the engagement.
• C) Skills required to perform the service.
• D) Attainment of specific findings.

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Definitions:

Specific Outcomes

The distinct results or consequences that can be expected from a certain action or event, often used in the context of goal setting and achievement.

Behavior

refers to the actions or reactions of an organism, usually in relation to its environment.

Environment

The surrounding conditions and influences affecting the growth or development of living organisms.

Simultaneous Experience

Experiencing two or more sensory inputs or cognitive processes at the same time.