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Which of the Following Inquiry or Analytical Procedures Ordinarily Is

Question 302

Multiple Choice

Which of the following inquiry or analytical procedures ordinarily is performed in an engagement to review a nonissuer's financial statements?


A) Analytical procedures designed to test the accounting records by obtaining corroborating evidential matter.
B) Inquiries concerning the entity's procedures for recording and summarizing transactions.
C) Analytical procedures designed to test management's assertions regarding continued existence.
D) Inquiries of the entity's attorney concerning contingent liabilities.

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