An Attorney Is Responding to an Independent Auditor as a Result

Multiple Choice

An attorney is responding to an independent auditor as a result of the entity's letter of inquiry. The attorney may appropriately limit the response to:

A) asserted claims and litigation.
B) matters to which the attorney has given substantive attention in the form of legal consultation or representation.
C) asserted, overtly threatened, or pending claims and litigation.
D) items that have an extremely high probability of being resolved to the entity's detriment.