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Please help answer these multiple choice questions regarding AUDITING, thank you! Question 8 View Policies Current Attempt in Progress The audit firm must retain the

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedPlease help answer these multiple choice questions regarding AUDITING, thank you!

Question 8 View Policies Current Attempt in Progress The audit firm must retain the audit file of a public company client for: O 7 years. O 5 years. 0 4 years. 06 years. Question 10 --/1 View Policies Current Attempt in Progress For a private company client that follows GAAP, auditors must consider the going concern assumption for a reasonable period of time, which is: O one year from the completion of fieldwork. O one year from the completion of interim audit procedures. O one year from the date of the financial statements. O one year from the date the financial statements are issued. Question 11 --/1 View Policies Current Attempt in Progress All of the following statements are included in a management representation letter except: Othere have been no violations of laws or regulations. O the effects of uncorrected misstatements are immaterial, both individually and in the aggregate, to the financial statements. o the auditor's fee for completing the audit. O no subsequent events have occurred that require adjustment to or disclosure in the financial statements. Question 12 View Policies Current Attempt in Progress Communication with those charged with governance must occur: after the financial statements are released. O before legal letters are sent to attorneys. O after the audit report is issued. O before the audit report is issued

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