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Forensic Accounting

Category - Professional Responsibilities and Management

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An engagement letter deals with which of the following?

Terms and scope of the agreement
Used as future reference
Serves as a go-to guide during and after the contract
All of the above

Explanation

Answer: D - An engagement letter sets the tone for the contract. Even if the state law does not require it, it is advisable to craft out an engagement letter that details out all of the aspects of the contract.

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Forensic Accounting

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Forensic Accounting

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