Auditing and Assurance Services 9th Edition by Alvin Arens,Mark Beasley,Randy Elder

Exercise 8

Although the quantity and content of audit working papers vary with each particular engagement, an auditor's permanent files most likely include
A) Schedules that support the current year's adjusting entries.
B) Prior years' accounts receivable confirmations that were classified as exceptions.
C) Documentation indicating that the audit work was adequately planned and supervised.
D) Information regarding the different classes of stock and the number of shares of each class that are authorized to be issued.