Which of the Following Procedures Should an Auditor Generally Perform

question 1

Multiple Choice

Which of the following procedures should an auditor generally perform regarding subsequent events?

• A) Compare the latest available interim financial statements issued after year-end with the financial statements being audited.
• B) Send second requests to the client's customers who failed to respond to initial accounts receivable confirmation requests.
• C) Communicate material weaknesses in internal controls to those charged with governance.
• D) Review the cutoff bank statements for several months after year-end.

---

Definitions:

Cohabitants

Cohabitants are individuals who live together in the same dwelling, often in a romantic relationship, without being legally married.

Married People

Socially and legally recognized union between two individuals in a personal relationship.

Rewards

Benefits or positive outcomes that are given in response to an individual's actions or behaviors.

Childrearing Years

The period in an adult's life dedicated to raising children, typically ranging from birth to the teenage years.