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The Primary Reason an Auditor Requests Letters of Inquiry Be

Question 307

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The primary reason an auditor requests letters of inquiry be sent to a client's attorneys is to provide the auditor with:


A) The probable outcome of asserted claims and pending or threatened litigation.
B) Corroboration of the information furnished by management about litigation, claims, and assessments.
C) The attorneys' opinions of the client's historical experiences in recent similar litigation.
D) A description and evaluation of litigation, claims, and assessments that existed at the balance sheet date.

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