Question

The conditions to be met to accept an engagement to perform agreed-upon procedures a) Independence and integrity b) Competence and due professional care c) Confidentiality and professional skepticism d) Objectivity and professional judgment

Answer 1

The conditions to accept an engagement to perform agreed-upon procedures include independence, competence, confidentiality, and objectivity.

Step-by-step explanation:

The conditions to be met to accept an engagement to perform agreed-upon procedures are:

1. Independence and integrity: Ensuring that the person performing the procedures is free from any conflicts of interest and maintains ethical standards for conducting the procedures.
2. Competence and due professional care: Having the necessary knowledge, skills, and expertise to perform the agreed-upon procedures accurately and diligently.
3. Confidentiality and professional skepticism: Ensuring the confidentiality of the information obtained during the procedures and maintaining a questioning mindset to identify potential errors or discrepancies.
4. Objectivity and professional judgment: Approaching the procedures with impartiality and using professional judgment to assess the results without bias.

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