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npeelman npeelman
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6 years ago
Your PA firm has just obtained a new client and you have been assigned the task of preparing the knowledge of business section of the file. Which of the following best describes the process of gathering the knowledge of business for a client?
A) discussing processes and business objectives with company employees
B) gathering information about the industry and regulatory environment
C) understanding the client's business, industry, and regulatory environment
D) examining the legal expenses file for possible regulatory infractions
Textbook 
Auditing: The Art and Science of Assurance Engagements, Canadian Edition

Auditing: The Art and Science of Assurance Engagements, Canadian Edition


Edition: 12th
Authors:
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inthe80sinthe80s
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6 years ago
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npeelman Author
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Brilliant
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