Multiple Choice
A major means by which an auditor obtains evidence about material contingencies is ________.
A) examining documents in the client's possession concerning contingencies
B) enquiring and discussing them with management
C) obtaining a response from the client's lawyer to the client's letter of enquiry
D) reading minutes of shareholders' meeting
Correct Answer:

Verified
Correct Answer:
Verified
Q5: Careful analysis is made of miscellaneous and
Q6: Auditors must complete phases of an audit
Q7: The main procedure for identifying related party
Q8: Analytical procedures used in the overall review
Q9: Which of the following representations would be
Q11: The impact of a subsequent event on
Q12: A written letter of representation from a
Q13: An analysis of the comparative balances of
Q14: At the review stage of an audit,the
Q15: What is the objective of completing analytical