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Consider loss contingencies. What is the primary source of information about litigation, claims, and assessments? What is the primary source of corroborative evidence in this
Consider loss contingencies.
- What is the primary source of information about litigation, claims, and assessments? What is the primary source of corroborative evidence in this regard?
- Why might client lawyers be hesitant to disclose information to auditors?
- Who sends the letter of audit inquiry to the client's lawyers? To whom should the lawyer send the response to that letter?
- What is the effect on the auditor's report of a lawyer's refusal to furnish the information requested in the letter of audit inquiry?
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Cost Accounting
Authors: Srivastava Lal, Jawahar Lal
5th Edition
1259026523, 978-1259026522
