With Respect to the Auditor's Planning of a Year-End Audit

Multiple Choice

With respect to the auditor's planning of a year-end audit, which of the following statements is always true?

A) An engagement should not be accepted after the fiscal year-end.
B) An inventory count must be observed at the balance sheet date.
C) The client's audit committee should not be told of any specific audit procedures which will be performed.
D) It is an acceptable practice to carry out parts of the examination at interim dates.