Which of the Following Procedures Might Be Useful in Discovering

Multiple Choice

Which of the following procedures might be useful in discovering a contingent liability for a lawsuit that management is intentionally neglecting to disclose?

A) inquiries (orally and in writing) of management
B) analyzing legal expense and reviewing invoices and statements from outside legal counsel
C) reviewing current and previous years' Canada Revenue Agency correspondence
D) obtaining a letter of representation from management that it is not aware of any undisclosed contingent liabilities