Question: Multiple answers may be correct (a) a What procedures must the auditor perform when gathering evidence related to contingencies? Perform an inventory count. Review legal
Multiple answers may be correct
(a) a What procedures must the auditor perform when gathering evidence related to contingencies? Perform an inventory count. Review legal expense accounts for unexpected fluctuations. Review minutes of the board of directors. Inquire of management and in-house legal counsel of any unreported contingent liabilities. Send accounts payable confirmations
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