Question: Which situation would likely make an accountant not accept a new audit engagement? a) an accountant's lack of understanding of the entity's operations and industry
Which situation would likely make an accountant not accept a new audit engagement?
a) an accountant's lack of understanding of the entity's operations and industry
b) an accountant's inability to review the predecessor auditor's working papers
c) management's reputation for failing to provide schedules to prior auditors on a timely basis
d) management's unwillingness to make all financial records available to the accountant
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