efore a member performs nonattest services for an attest client, the client's management should agree to designate an individual with suitable skill, knowledge, or experience to oversee those services. Which statement best describes a relevant factor to consider when assessing whether an individual has suitable skill, knowledge, or experience? The individual has a Ph.D. or similar degree from a reputable university. The individual has an intelligence quotient (IQ) score of 132 or more. The individual has significant knowledge of the client's business. The individual is an executive at the client and sits on the board of directors.
efore a member performs nonattest services for an attest client, the client's management should agree to designate an individual with suitable skill, knowledge, or experience to oversee those services. Which statement best describes a relevant factor to consider when assessing whether an individual has suitable skill, knowledge, or experience? The individual has a Ph.D. or similar degree from a reputable university. The individual has an intelligence quotient (IQ) score of 132 or more. The individual has significant knowledge of the client's business. The individual is an executive at the client and sits on the board of directors.
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
Chapter1: Quality Auditing: Why It Matters
Section: Chapter Questions
Problem 17CYBK
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Before a member performs nonattest services for an attest client, the client's management should agree to designate an individual with suitable skill, knowledge, or experience to oversee those services. Which statement best describes a relevant factor to consider when assessing whether an individual has suitable skill, knowledge, or experience?
The individual has a Ph.D. or similar degree from a reputable university. The individual has an intelligence quotient (IQ) score of 132 or more. The individual has significant knowledge of the client's business. The individual is an executive at the client and sits on the board of directors.
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