Mr. Ahmed recently joined an audit firm. The company has decided to send him for the audit of Oman cement LLC. If we see his previous experience, he worked with Oman cement for 5 years. There is a possible risk of _________________. a. Intimidating threat b. None of the options c. Self-interest threat d. Familiarity threat
Mr. Ahmed recently joined an audit firm. The company has decided to send him for the audit of Oman cement LLC. If we see his previous experience, he worked with Oman cement for 5 years. There is a possible risk of _________________. a. Intimidating threat b. None of the options c. Self-interest threat d. Familiarity threat
Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter11: Auditing Inventory, Goods And Services, And Accounts Payable: The Acquisition And Payment Cycle
Section: Chapter Questions
Problem 25RQSC
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Question
Mr. Ahmed recently joined an audit firm. The company has decided to send him for the audit of Oman cement LLC. If we see his previous experience, he worked with Oman cement for 5 years. There is a possible risk of _________________.
a.
Intimidating threat
b.
None of the options
c.
Self-interest threat
d.
Familiarity threat
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