Question
If an attorney refuses to provide the auditor with information about material existing lawsuits or unasserted claims, (3pts) Question 29 - If an attorney refuses
If an attorney refuses to provide the auditor with information about material existing lawsuits or unasserted claims,
(3pts)
Question 29 - If an attorney refuses to provide the auditor with information about material existing lawsuits or unasserted claims,
the attorney can no longer represent the client. | |
the attorney may face sanctions from the American Bar Association. | |
the auditors must modify their audit report to reflect the lack of available evidence. | |
the auditor must withdraw from the engagement. |
Question 30 - As part of phase IV of the audit, auditors evaluate evidence they obtained during the first three phases of the audit to determine whether they should perform additional procedures for presentation and disclosure-related objectives.True False
Question 31 - In a standard inquiry to the client's attorney letter, the attorney is requested to communicate about contingencies up to the balance sheet date.True False
Auditing standards require the auditor to ________ other information included in annual reports pertaining directly to the financial statements.
(3pts)
Question 32 - Auditing standards require the auditor to ________ other information included in annual reports pertaining directly to the financial statements.
analyze | |
express an opinion on | |
read | |
audit |
An auditor performs interim work at various times throughout the year. The auditor's subsequent events work should be extended to the date of
(3pts)
Question 33 - An auditor performs interim work at various times throughout the year. The auditor's subsequent events work should be extended to the date of
the auditor's report. | |
the next scheduled interim visit. | |
a post-dated footnote. | |
the final billing for audit services rendered. |
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