When an Auditor Believes That an Illegal Act May Have

question 159

Multiple Choice

When an auditor believes that an illegal act may have occurred, the auditor should first

• A) obtain an understanding of the nature and circumstances of the act.
• B) consult with legal counsel or others knowledgeable about the illegal act.
• C) discuss the matter with the audit committee.
• D) withdraw from the engagement.

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