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An auditor who discovers that a client's employees paid small bribes to municipal officials most likely would withdraw from the engagement if :

A. The payments violated the client's policies regarding the prevention of illegal acts.

B. The client receives financial assistance from a federal government agency.

C. Documentation that is necessary to prove that the bribes were paid does not exist.

D. Management fails to take the appropriate remedial action.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M942527

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