Which of the Following Statements Is True Regarding Communications Between

question 160

Multiple Choice

Which of the following statements is true regarding communications between predecessor and successor auditors?

• A) The burden of initiating the communication rests with the predecessor.
• B) The predecessor's response can be limited to stating that no information will be provided.
• C) The predecessor should communicate with the successor only if the client is public.
• D) The predecessor auditor of a public company does not need permission from the client before communicating with the successor auditor.

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Definitions:

Population Average

The mean value of a particular characteristic or measurement across an entire population.

Standard Deviation

A measure of the amount of variation or dispersion of a set of values, indicating how much individual values in a dataset differ from the mean.

Statistical Significance

A measure that indicates whether the results of a study are likely not due to chance.

Scatterplot

A type of graph used in statistics to display values for typically two variables for a set of data, where each dot represents one observation.