Inquiries of Management Are Used to Help Identify Subsequent Events

question 45

Multiple Choice

Inquiries of management are used to help identify subsequent events.To help obtain meaningful answers

• A)the standard firm checklist should be followed.
• B)these inquiries must be conducted with the proper client personnel.
• C)the inquiries should be conducted by senior audit personnel.
• D)they should be asked after the effective date of the audit report.

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Definitions:

MPG-City

A measure of how many miles a vehicle can travel in city conditions per gallon of fuel.

Automobiles

Motor vehicles equipped with four wheels and an internal combustion engine or electric motor, designed for passenger transportation.

Quantitative Variable

A variable that can take on numeric values, allowing for measurable differences in magnitude or size.

Overall Shape

A descriptive term referring to the general form or contour of a distribution or data set.