Which of the following procedures would an auditor most, Ask an Expert

Accounting

Which of the following procedures would an auditor most likely include in the initial planning of an examination of financial statements?

A. Assess the need for the use of specialists in the audit.

B. Inquiring of the client's attorney as to any claims that are likely to be asserted.

C. Perform detailed testing of the individual financial statement accounts.

D. Determining whether necessary internal controls procedures are being applied as prescribed.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M942541

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