Which of the following is typically an attribute of a smaller audit firm?
A) The type of work is primarily external audits.
B) The firm has multiple teams that work on the audit of a single entitiy and then disband.
C) The firm has multiple teams that overlap across engagements.
D) The firm has a relatively higher level of staff turnover.

Question

Quizplus · Accepted Answer

Smaller audit firms often have teams that overlap across engagements due to limited resources and personnel, allowing them to efficiently manage multiple clients with the same staff.

Which of the Following Is Typically an Attribute of a Smaller