Question: For each scenario below, identify the most appropriate client acceptance/continuance risk(s) (A-C). - A. Independence - B. Scope Limitation Imposed by Client - C. Integrity
For each scenario below, identify the most appropriate client acceptance/continuance risk(s) (A-C).
- A. Independence
- B. Scope Limitation Imposed by Client
- C. Integrity of Management
| Scenarios | Risk(s) |
| The same partner has had this client as part of her portfolio for the past 20 years. |
|
| The managers at one of your client are experts in their product fields, but struggle with understanding the importance of and the requirements in relation to producing and maintaining financial information. | |
| One of your clients employees informed you they are routinely instructed by one of the directors to alter product quality test results. | |
| Previous audit manager, who dealt with the audit for the last 15 years, has recently taken a senior finance position at your firms client. |
|
| Your firms new partner is the brother of the finance director at one of your firms clients. |
|
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