Which of the Following Engagement Planning Procedures Would Most Likely

Multiple Choice

Which of the following engagement planning procedures would most likely assist the auditor in identifying related-party transactions before the balance-sheet date?

A) Interviewing internal auditors about their reporting responsibilities.
B) Reviewing accounting records for recurring transactions occurring near year-end.
C) Inspecting communications with the client's legal counsel regarding recorded contingent liabilities.
D) Scanning the minutes for significant transactions with members of the board of directors.