Which of the Following Is Not a Procedure Normally Performed

question 24

Multiple Choice

Which of the following is not a procedure normally performed while completing the audit?

• A)Obtain a lawyer's letter.
• B)Obtain a representations letter.
• C)Perform an overall review using analytical procedures.
• D)Obtain confirmation of capital stockholdings from shareholders.

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Definitions:

Foreseeable Harm

A concept in law referring to the anticipation of harm that a reasonable person in similar circumstances would expect.

Contributory Negligence

A legal doctrine under which a party's own negligence contributes to their harm and may limit or bar their recovery for damages.

Comparative Negligence

A principle of tort law that compares the fault of each party involved in an accident and apportions damages accordingly.

Res Ipsa Loquitur

A legal doctrine that infers negligence from the very nature of an accident or injury, in the absence of direct evidence.