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Which of the Following Would Be a Subsequent Discovery of Facts

Question 153

Multiple Choice

Which of the following would be a subsequent discovery of facts which would not require a response by the auditor?


A) discovery of the inclusion of material nonexistent sales
B) discovery of the failure to write off material obsolete inventory
C) discovery of the omission of a material footnote
D) discovery of management's intent to increase selling prices in the future

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