Which of the following activities in not an element of a CPA firm's quality control system to be considered in establishing quality-control policies and procedures? 1. Selecting personnel for advancement who have the necessary qualifications. 2. Deciding whether to accept or continue a client relationship. 3. Assessing a client's ability to establish effective internal controls. 4. Monitoring the effectiveness of professional development activities. O2 0 1 O 3 O 4

Which of the following activities in not an element of a CPA firm's quality control system to be considered in establishing quality-control policies and procedures? 1. Selecting personnel for advancement who have the necessary qualifications. 2. Deciding whether to accept or continue a client relationship. 3. Assessing a client's ability to establish effective internal controls. 4. Monitoring the effectiveness of professional development activities. O2 0 1 O 3 O 4

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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