When selecting staff for the audit engagement * Only staff members who are CPAS should be assigned to the audit. Only managers and above need to O have appropriate competence and capabilities to perform the audit. Continuity of staff members from year to year should not be a factor. Staff assigned to the audit must be O knowledgeable about the client's industry.

When selecting staff for the audit engagement * Only staff members who are CPAS should be assigned to the audit. Only managers and above need to O have appropriate competence and capabilities to perform the audit. Continuity of staff members from year to year should not be a factor. Staff assigned to the audit must be O knowledgeable about the client's industry.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

When selecting staff for the audit
engagement *
Only staff members who are CPAS
should be assigned to the audit.
Only managers and above need to
have appropriate competence and
capabilities to perform the audit.
Continuity of staff members from year
to year should not be a factor.
Staff assigned to the audit must be
O knowledgeable about the client's
industry.

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