Which of the following procedures would a CPA most likely perform in planning a financial statement audit?
Question:
a. Make inquiries of the client’s lawyer concerning pending litigation.
b. Perform cutoff tests of cash receipts and disbursements.
c. Compare financial information with nonfinancial operating data.
d. Recalculate the prior- years’ accruals and deferrals.
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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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