During the Initial Planning Phase of an Audit,a CPA Most

question 9

Multiple Choice

During the initial planning phase of an audit,a CPA most likely would

• A) Identify specific internal control activities that are likely to prevent fraud.
• B) Evaluate the reasonableness of the client's accounting estimates.
• C) Discuss the timing of the audit procedures with the client's management.
• D) Inquire of the client's attorney as to any unrecorded claims.

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Definitions:

Pennsylvania

A state located in the northeastern U.S., known for its diverse landscapes, rich history, and significant contributions to American politics, economy, and culture.

Delaware

The first state to ratify the U.S. Constitution, known as "The First State," located in the Mid-Atlantic region of the United States.

Best Poor Man's Country

A historical notion that certain regions, notably parts of early America, offered exceptional opportunities for economic advancement to the economically disadvantaged.

Pennsylvania

A state located in the northeastern part of the United States, known for its historical significance in the founding of the country.