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A municipal village or a nonprofit organization solicits bids

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Question;A municipal village or a nonprofit organization solicits bids for the annual audit from local audit firms, and the firm with the lowest bid is selected.Answer the following questions regarding the given scenario:Is this the most prudent choice of auditor for the organization?What should the managers take into consideration when attempting to identify a suitable audit firm?Discuss whether or not the lowest bid is always the best option.Use APA style in the body of your posting as well as in the reference section

 

Paper#41657 | Written in 18-Jul-2015

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