A Predecessor Auditor Should Complete the Following Before Reissuing a Report

question 4

Multiple Choice

A predecessor auditor should complete the following before reissuing a report on statements presented on a comparative basis:

• A) read the financial statements of the current period.
• B) read the financial statements of the past five years.
• C) obtain a letter of representations from the current-year, successor auditor.
• D) read the financial statements of the current period and obtain a letter of representation from the current-year, successor auditor.

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Definitions:

Electronic Message

Electronic message refers to communication transmitted over electronic systems, including email, text messages, and instant messaging, allowing for instant or near-instant exchange of information.

Happiness

A condition of happiness and fulfillment marked by optimistic feelings and satisfaction with life.

Tones of Voice

Variations in pitch, volume, speed, and intonation of speech that can affect the meaning or emotional undertone of what is being said.

Natural Mimicry

The adaptation where an organism evolves to resemble another object or organism in its natural environment for survival.