Which of the Following Statements Is Always True When an Auditor

question 23

Multiple Choice

Which of the following statements is always true when an auditor is planning a year-end audit?

• A)An engagement should not be accepted after the fiscal year-end.
• B)An inventory count must be observed at the balance sheet date.
• C)The client's audit committee should not be told of any specific audit procedures which will be performed.
• D)An audit plan should be developed that includes a time budget.

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Definitions:

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