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Auditing and Assurance Services 9th Edition by Alvin Arens,Mark Beasley,Randy Elder
Edition 9ISBN: 978-0130459206Auditing and Assurance Services 9th Edition by Alvin Arens,Mark Beasley,Randy Elder
Edition 9ISBN: 978-0130459206 Exercise 20
The permanent file section of the working papers that is kept for each audit client most likely contains
A) Review notes pertaining to questions and comments regarding the audit work performed.
B) A schedule of time spent on the engagement by each individual auditor.
C) Correspondence with the entity's legal counsel concerning pending litigation.
D) Narrative descriptions of the entity's accounting system and control procedures.
A) Review notes pertaining to questions and comments regarding the audit work performed.
B) A schedule of time spent on the engagement by each individual auditor.
C) Correspondence with the entity's legal counsel concerning pending litigation.
D) Narrative descriptions of the entity's accounting system and control procedures.
Explanation
Verified
Verified
Justification:
The permanent file secti...
Auditing and Assurance Services 9th Edition by Alvin Arens,Mark Beasley,Randy Elder
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