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Jonathon Carr is performing the audit of Axis Limited. Jonathon is responsible for performing roll-forward procedures. Which one of the following describes why a roll-forward
Jonathon Carr is performing the audit of Axis Limited. Jonathon is responsible for performing roll-forward procedures. Which one of the following describes why a roll-forward procedure is performed?
a.
to update the audit findings from the time of the interim procedures through to year end.
b.
to setup the current years audit working papers.
c.
to detect fraud in various balance sheet accounts.
d.
to close out all accounts before the end of the financial year.
Clear my choice
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