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Q5 Which of the following procedures would a CPA most likely include in planning a financial statement audit? A. Obtain a written representation letter from
Q5
Which of the following procedures would a CPA most likely include in planning a financial statement audit?
A. | Obtain a written representation letter from the clients management. | |
B. | Determine the extent of involvement of the clients internal auditors. | |
C. | Ask the clients lawyer if contingencies have been recorded in conformity with GAAP. | |
D. | Scan the clients journals and ledgers to identify any unusual transactions. |
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