When a CPA Is Approached to Perform an Audit for the First

question 68

Multiple Choice

When a CPA is approached to perform an audit for the first time,the CPA should make inquiries of the predecessor auditor.This is a necessary procedure because the predecessor may be able to provide the successor with information that will assist the successor in determining

• A) Whether the predecessor's work should be utilized.
• B) Whether, in the predecessor's opinion, the financial statements are materially correct.
• C) Whether, in the predecessor's opinion, the company's internal controls have been satisfactory.
• D) Whether the engagement should be accepted.