Question

The primary reason auditors request responses to attorney letters is to provide auditors
a. The probable outcome of asserted claims and pending or threatened litigation.
b. Corroboration of the information furnished by management about litigation, claims, and assessments.
c. The attorney’s opinions of the client’s historical experiences in recent similar litigation.
d. A description and evaluation of litigation, claims, and assessments that existed at the date of the financial statements.



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  • CreatedOctober 27, 2014
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