CAS and CSQC Standards Require All of the Following Factors

question 29

Multiple Choice

CAS and CSQC standards require all of the following factors be addressed as part of the audit engagement acceptance and continuance decision,except for:

• A)An assessment of the auditor's level of independence.
• B)An assessment of the client's integrity
• C)An assessment of the auditor's competence and capabilities to perform the audit.
• D)An assessment of what additional services can be provided to the current or potential client.

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Definitions:

Statistical Average

A measure representing the central or typical value in a set of data, calculated as the sum of all values divided by the number of values.

Deviance

Occurs when someone departs from a norm.

Nielson Media Research

A company that measures and analyzes television, radio, and internet audience sizes and demographics.

Obsessed

A state of being excessively preoccupied with someone or something, leading to compulsive behavior or thoughts.