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An example of a foreseen user would include which of the following? The auditor knows that the First National Bank wants audited financial statements as
An example of a foreseen user would include which of the following?
The auditor knows that the First National Bank wants audited financial statements as part of the client's application for a loan.
The auditor knows that the client needs audited financial statements because it wants to obtain a loan from one of several possible banks.
Current and prospective creditors and stockholders are likely to use the audited financial statements.
None of the above.
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