Question: In assessing whether to accept a client for an audit engagement, an audit firm should consider (1) the current financial health of the prospective client,

In assessing whether to accept a client for an audit engagement, an audit firm should consider (1) the current financial health of the prospective client, (2) the integrity of management, and (3) the audit firm's level of expertise in the client's industry. A Only (1) B. Only (2) OC (1) and (2), but not (3) OD. All of (1). (2) and (3)

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