An Auditor Should Obtain Evidential Matter Relevant to All the Following

question 77

Multiple Choice

An auditor should obtain evidential matter relevant to all the following factors concerning third-party litigation against an entity except the:

• A)period in which the underlying cause for legal action occurred.
• B)probability of an unfavorable outcome.
• C)jurisdiction in which the matter will be resolved.
• D)existence of a situation indicating an uncertainty as to the possible loss.

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Definitions:

Soft Palate

The fleshy, flexible part toward the back of the roof of the mouth, separating the mouth from the pharynx.

Sternocleidomastoid

A muscle in the neck that runs from the sternum and clavicle to the mastoid process of the temporal bone, involved in rotating and flexing the head.

Sternal End

The part of a bone that is located nearest to the sternum, often referring to the end of the clavicle that articulates with the sternum.

Manubrium

The upper section of the sternum (breastbone), providing attachment points for the clavicles and the first pair of ribs.