Which of the Following Correctly States the Period for Which

question 141

Multiple Choice

Which of the following correctly states the period for which the auditor is responsible for subsequent events?

• A)The balance sheet date to the date the audit report is issued.
• B)The balance sheet date to the end of field work.
• C)The balance sheet date to the date of subsequent discovery of omitted procedures.
• D)All of the above.

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Definitions:

Temporary

Describes a condition or period that is not permanent and is intended to last only for a limited time.

Revocable

Capable of being revoked, withdrawn, or annulled, often used in the context of legal agreements or trusts.

License

A permit from an authority to own or use something, do a particular thing, or carry on a trade.

Trademark

A symbol, word, or phrase legally registered or established by use as representing a company or product, serving to distinguish goods or services from those of other producers.