An Auditor Would Least Likely Initiate a Discussion with a Client's

question 16

Multiple Choice

An auditor would least likely initiate a discussion with a client's audit committee concerning:

• A)the methods used to account for significant unusual transactions.
• B)the maximum dollar amount of misstatements that could exist without causing the financial statements to be materially misstated.
• C)indications of fraud and illegal acts committed by a corporate officer that were discovered by the auditor.
• D)disagreements with management as to accounting principles that were resolved during the current year's audit.

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Definitions:

Logical Order

An arrangement of ideas, facts, or events in a sequence that follows a consistent and recognizable pattern, often enhancing clarity and understanding.

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An educational institution affiliated with the Catholic Church, offering instruction from primary through secondary education.

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