Multiple Choice
Inquiries of management (orally and in writing) regarding the possibility of unrecorded contingencies will NOT be useful in uncovering:
A) a particular type of contingency which management has overlooked.
B) a contingency where management does not comprehend account disclosure requirements.
C) management's intentional failure to disclose existing contingencies.
D) all of the above
Correct Answer:
Verified
Correct Answer:
Verified
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