Question: If auditors determine the client has committed an illegal act, they would be most likely to withdraw from the engagement when the: Question 9 Answer
If auditors determine the client has committed an illegal act, they would be most likely to withdraw from the engagement when the:
Question Answer
a
Management fails to take appropriate corrective action.
b
Illegal act has material financial statement implications.
c
Illegal act has received widespread publicity.
d
Auditors cannot reasonably estimate the effect of the illegal act on the financial statements.
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