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Forensic Accounting

Category - Professional Responsibilities and Management

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How are fee and remuneration details determined?

In the Engagement letter
Orally
At the end of the engagement
Based on market-based criterion

Explanation

Answer: A - Prior to starting the engagement, it is important to list the remuneration details in the engagement letter. This helps overcome any ambiguity later.

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Forensic Accounting

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Forensic Accounting

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