Which of the following is an element of a CPA firm's quality control system that should be considered in establishing its quality control policies and procedures?
A)Using the audit risk model.
B)Using statistical sampling techniques.
C)Assigning personnel to engagements.
D)Considering audit risk and materiality.

Question

Quizplus · Accepted Answer

Assigning personnel to engagements is an element of a CPA firm's quality control system. It involves ensuring that personnel with the appropriate capabilities and competencies are assigned to specific engagements, which is crucial for maintaining the quality of the audit work.

Which of the Following Is an Element of a CPA