CPA Aud Quiz
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ETHICS, PROFESSIONAL RESPONSIBILITIES AND GENERAL PRINCIPLES
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A CPA firm is in the engagement acceptance phase for an initial audit of a nonissuer wholesaler that maintains inventory at multiple third-party logistics providers. The company's prior auditor resigned, and management states it was due only to "fee disagreements." What communication is required with the predecessor auditor to support an informed acceptance decision under AICPA standards?
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