A practitioner can accept an engagement even if preliminary knowledge of the engagement circumstances indicates that ethical requirements regarding professional competence will not be satisfied.Select one:TrueFalse

A practitioner accepts an assurance engagement only where the practitioner's preliminary knowledge of the engagement circumstances indicates that:(a) Relevant ethical requirements, such as independence and professional competence will be satisfied, and(b) The engagement exhibits all of the following characteristics, except:Select one:a.The criteria to be used are suitable and are available to the intended users;b.The subject matter is appropriate;c.The practitioner has access to sufficient appropriate evidence to support the practitioner's conclusion;d.All of the following

Having accepted an assurance engagement, a practitioner may not change that engagement to a non-assurance engagement, or from a reasonable assurance engagement to a limited assurance engagement without reasonable justification.Select one:TrueFalse

A professional accountant in public practice who is asked to replace another professional accountant in public practice, or who is considering tendering for an engagement currently held by another professional accountant in public practice, shallSelect one:a.immediately accept engagementb.determine whether there are any reasons, professional or otherwise, for not accepting the engagementc.accept engagement but draft a non-disclosure agreementd.immediately decline accepting engagement

If the engagement team lacks the competency in a certain field, they may employ an external expert to assist them in the engagement.Group of answer choicesTrueFalse

The practitioner need not consider materiality, assurance engagement risk, and the quantity and quality of available evidence when planning and performing the engagement.Select one:TrueFalse