The Auditor's Responsibility for "Reviewing the Subsequent Events" of a Client

question 65

Multiple Choice

The auditor's responsibility for "reviewing the subsequent events" of a client is normally limited to the period of time beginning with the

• A)balance sheet date and ending with the date of the auditor's report.
• B)start of the fiscal year under audit and ending with the balance sheet date.
• C)start of the fiscal year under audit and ending with the date of the auditor's report
• D)balance sheet date and ending with the date the registration statement becomes effective.

---

Definitions:

Sympathetic Nervous System

Part of the autonomic nervous system that prepares the body for fight or flight response by accelerating heart rate, dilating pupils, and increasing blood flow to muscles.

Sympathetic Nervous System

A part of the autonomic nervous system that prepares the body for action by triggering the fight or flight response during stress.

Guilty-knowledge Test

A psychological assessment method used in criminal investigations to determine if an individual has knowledge only a guilty person could have.

Autonomic Responses

Involuntary reactions of the autonomic nervous system to stimuli, including changes in heart rate, respiration, and digestion.