When Responding to the Auditor as a Result of the Audit

question 20

Multiple Choice

When responding to the auditor as a result of the audit client's letter of inquiry,how might the attorney limit the response?

• A)Limit the response to litigations in process.
• B)Limit the response to asserted claims.
• C)Limit the response to matters to which the attorney has given substantive attention in the form of legal consultation or representation.
• D)Limit the response to items which the attorney believes will result in loss to the client.

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Definitions:

Retrieval Cue

A hint or signal that helps one to recall a memory.

Mnemonic

A tool or strategy designed to help remember information, often by association with something easier to remember.

Flashbulb

Refers to vivid, detailed memories of significant events, which seem to be recorded in the mind just as a flashbulb captures a moment in photography.

Schema

An individual’s mental representation that summarizes her knowledge about a certain type of event or situation.