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If,after Issuing an Audit Report,the Auditors Find That They Have

Question 50

Multiple Choice

If,after issuing an audit report,the auditors find that they have failed to perform certain significant audit procedures they should first:


A) Attempt to determine whether their report is still being relied upon by third parties.
B) Notify regulatory agencies.
C) Notify legal counsel.
D) Wait until the beginning of the next year's audit to determine whether misstatements have occurred.

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