Question
When evaluating the impact of potential litigation, an auditor of a nonissuer should obtain audit evidence about each of the following, except A. The period
When evaluating the impact of potential litigation, an auditor of a nonissuer should obtain audit evidence about each of the following, except
A. The period in which the underlying cause for legal action occurred.
B. The probability of an unfavorable outcome.
C. The probability that the matter will require a trial in court.
D. The amount or range of potential loss.
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Auditing and Assurance services an integrated approach
Authors: Alvin a. arens, Randal j. elder, Mark s. Beasley
14th Edition
133081605, 132575957, 9780133081602, 978-0132575959
