Examlex
____ attention is the ability to focus on relevant information while screening out information that is irrelevant.
Due Diligence
The investigation or exercise of care that a reasonable business or person is normally expected to take before entering into an agreement or contract.
Accountant-Client Privilege
A legal principle that protects communications between a certified accountant and their client from being disclosed without the client's permission.
Statutorily Recognize
Formally acknowledged or established by law or statute.
Audit Working Papers
Documentation that records all audit evidence obtained during financial audits and the audit procedures used.
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