Which of the Following Statements Is Always True When an Auditor

Multiple Choice

Which of the following statements is always true when an auditor is planning a year-end audit?

A) An engagement should not be accepted after the fiscal year-end.
B) An inventory count must be observed at the balance sheet date.
C) The client's audit committee should not be told of any specific audit procedures which will be performed.
D) An audit plan should be developed that includes a time budget.