We believe that CPA Firm A has audited the majority of the claims of the consolidated company. CPA Firm B performed the most of the work; CPAF used him as an operative. Although Firm A takes complete responsibility for the function of Firm B, B would rather no longer bear that responsibility. The argument that which of the following is accurate? A) The presumption of such significant liability undermines the profession's expectations. B) When relevant criteria have been satisfied, the unmodified opinion should be issued by Firm A on the financial statements. C) When applicable conditions have been fulfilled, firm A should release an independent auditing report, but do so only as amended by Firm B. D) Strategic Consulting Group, Inc. If another CPA company is interested, A should focus on the extent of the audit report's involvement.
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We believe that CPA Firm A has audited the majority of the claims of the consolidated company. CPA Firm B performed the most of the work; CPAF used him as an operative. Although Firm A takes complete responsibility for the function of Firm B, B would rather no longer bear that responsibility. The argument that which of the following is accurate?
A) The presumption of such significant liability undermines the profession's expectations.
B) When relevant criteria have been satisfied, the unmodified opinion should be issued by Firm A on the financial statements.
C) When applicable conditions have been fulfilled, firm A should release an independent auditing report, but do so only as amended by Firm B.
D) Strategic Consulting Group, Inc. If another CPA company is interested, A should focus on the extent of the audit report's involvement.
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