All but Which of the Following Statements Concerning Communication Between

question 5

Multiple Choice

All but which of the following statements concerning communication between predecessor and successor auditors is correct?

• A)The predecessor auditor must obtain the auditee's permission before granting the successor auditor access to the prior year's audit file.
• B)The predecessor auditor is required to initiate contact with the successor auditor.
• C)Information provided by the predecessor auditor may lead the successor to reject the new auditee as a client.
• D)The minimum information the predecessor is required to report to the successor is if there is any known reason why the successor should not accept the engagement.

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Definitions:

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Written Proposal

A detailed document presenting a plan, research, or project idea, seeking approval or support.

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