In determining estimates of fees, an auditor may take into account each of the following, except the:
A)value of the service to the client.
B)degree of responsibility assumed by undertaking the engagement.
C)skills required to perform the service.
D)attainment of specific findings.

Question

Quizplus · Accepted Answer

The attainment of specific findings is not a relevant factor in determining the auditor's fee. Instead, the auditor should consider factors such as the value of the service to the client, degree of responsibility assumed, and skills required to perform the service.

In Determining Estimates of Fees, an Auditor May Take into Account