Which of the following circumstances would most likely cause an audit team to perform extended procedures? a.
Question:
a. Supporting documents are produced when requested.
b. The client made several large adjustments at or near year- end.
c. The company has recently hired a new chief financial officer after the previous one retired.
d. The company maintains several different petty cash funds.
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Related Book For
Auditing and Assurance Services
ISBN: 978-0077862343
6th edition
Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws
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