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The firm shall establish and maintain a system of quality control that includes policies and procedures that address each of the following elements, except:Select one:a.Acceptance and Continuance of Client Relationships and Audit Engagementsb.Management's Participationc.Leadership Responsibilities for Quality on Auditsd.Relevant Ethical RequirementsClear my choice

Question

The firm shall establish and maintain a system of quality control that includes policies and procedures that address each of the following elements, except:Select one:a.Acceptance and Continuance of Client Relationships and Audit Engagementsb.Management's Participationc.Leadership Responsibilities for Quality on Auditsd.Relevant Ethical RequirementsClear my choice

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Solution

The correct answer is b. Management's Participation. This is not typically included in a firm's system of quality control. The other options - Acceptance and

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