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An Auditor's Engagement Letter Most Likely Would Include

Question 943

Multiple Choice

An auditor's engagement letter most likely would include:


A) Management's acknowledgment of its responsibility for maintaining effective internal control.
B) The auditor's preliminary assessment of the risk factors relating to misstatements arising from fraudulent financial reporting.
C) A reminder that management is responsible for illegal acts committed by employees.
D) A request for permission to contact the client's lawyer for assistance in identifying litigation, claims, and assessments.

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