Your firm wishes to assist Company X (a consulting client) with plans to acquire your...
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Accounting
Your firm wishes to assist Company X (a consulting client) with plans to acquire your audit client. Which factor is relevant when evaluating the potential conflict of interest?
O Whether violation of the code would subject your firm to substantial penalties.
Whether the PCAOB consented to your firm performing the services.
O Whether your firm's policies consider this scenario to create a conflict of interest.
Whether you have performed similar services for Company X before.
Your firm wishes to assist Company X (a consulting client) with plans to acquire your audit client. Which factor is relevant when evaluating the potential conflict of interest?
O Whether violation of the code would subject your firm to substantial penalties.
Whether the PCAOB consented to your firm performing the services.
O Whether your firm's policies consider this scenario to create a conflict of interest.
Whether you have performed similar services for Company X before.
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