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Q13 If management is preoccupied with meeting specific accounting numbers, this is a negative factor that...

Q13 If management is preoccupied with meeting specific accounting numbers, this is a negative factor that should influence client acceptance and retention and is associated with _______.

A. the integrity of management

B. competence issues within the audit firm

C. independence issues within the audit firm

D. special circumstances and unusual risks
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Answer #1

Option 'A' is correct

If management is preoccupied with meeting specific accounting numbers, this is a negative factor that should influence client acceptance and retention and is associated with the integrity of management.

Positive factors in client acceptance and retention concerning integrity of management shows integrity in business and accounting decisions. Management places a premium on representational faithfulness of accounting information. Negative concerns over Management integrity and management is preoccupied meeting specific accounting numbers.

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