The directors of High-Class Brands Limited are choosing an audit firm. They decide to appoint a major

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The directors of High-Class Brands Limited are choosing an audit firm. They decide to appoint a major firm, at an expected fee of \(\$ 200,000\), instead of an alternative audit firm costing \(\$ 100,000\). Suggest reasons for and against making such a decision.

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Auditing Assurance And Risk

ISBN: 9780324313185

3rd Edition

Authors: W. Robert Knechel, Steve Salterio, Brian Ballou

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