Multiple Choice
When the auditor has completed the tests of details of balances and enters phase 4 of the audit process, she must still perform audit procedures for which of the following?
A) Contingent liabilities and employee compensation
B) Contingent liabilities and subsequent events
C) Subsequent events and contractual commitments
D) Subsequent events and unrecorded liabilities
Correct Answer:
Verified
Correct Answer:
Verified
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