4.2 (Total: 28 marks) For each scenario, identify possible audit engagement acceptance/continuance risk(s) (A-F). Audit engagement acceptance/continuance risk(s): A. Firm's ability to audit client (scope limitation) B. Firm's reputation risk C. Non-compliance with ethical standards D. Additional duty of care/increased legal exposure E. Auditor's lack of sufficient expertise in relation to the industry F. Integrity of management Note: Each scenario will have one or multiple risks that need to be considered. Scenario Risk(s) SuperService Inc. offers electronics repair service and is required by its bank to have an audit for the first time. The bank has agreed to provide a loan to SuperService Inc. if it adheres to the covenant requirements, which include providing a set of audited financial statements. FastMoney Inc. has just fired its current auditor, citing that it was not happy with the services that it was receiving. FastMoney Inc. is a short-term loan company that has grown rapidly. The company would like your firm to conduct a financial statement audit and assist in relation to acquiring a listing on the Toronto Stock Exchange. Your firm has been approached to conduct a financial statement audit by Xtreme Inc. The company's previous auditor has resigned. Xtreme Inc