Question: please help in choosing correct answer Scroll down to complete all parts of this task. You are part of the team auditing LBK Industries, a

please help in choosing correct answer
please help in choosing correct answer Scroll down to complete all parts
of this task. You are part of the team auditing LBK Industries,
a nonissuer. Based on the excerpt from the auditing firm policy manual
above, you have been asked to identify your concerns about a memo
sent to the team. Review and revise the document below as necessary.

Scroll down to complete all parts of this task. You are part of the team auditing LBK Industries, a nonissuer. Based on the excerpt from the auditing firm policy manual above, you have been asked to identify your concerns about a memo sent to the team. Review and revise the document below as necessary. To revise the document, click on each segment of underlined text below and select the needed correction, if any, from the list provided. If the underlined text is already correct in the context of the document, select (Original Text] from the list. Our client, LBK Industries, has requested that we provide it with certain documents related to our recently completed audit and other provided services. The following offers guidance on how we should proceed with that request. One item that LBK has requested is our working papers. We should provide them because LBK has paid us for preparing them. Choose an option below: O [Original Text] We should provide them because LBK has paid us for preparing them. o We should provide copies, but not our originals, because LBK has paid us for preparing them o We should provide them but request their return before we begin the next audit. o We should not provide LBK our working papers because they are owned by our firm. o We should not provide LBK our working papers although they are owned by the client RESET CANCEL ACCEPT Our client, LBK Industries, has requested that we provide it with certain documents related to our recently completed audit and other provided services. The following offers guidance on how we should proceed with that request. One item that LBK has requested is our working papers. We should provide them because LBK has paid us for preparing them. We currently hold LBK's accounts receivable subsidiary ledger for December. We should return the ledger to LBK as soon as possible. Choose an option below: O [Original Text] We should return the ledger to LBK as soon as possible. O We should return the ledger soon after the final payment is received for the audit. o We should keep the ledger because it is part of the evidence collected in the audit. O We should keep the ledger but provide LBK with the key information contained in the ledger. RESET CANCEL ACCEPT We have copies of certain invoices produced from the originals in LBK's files. Because this information is confidential, we should return the copies to LBK. We prepared an analysis of sales by region for LBK in addition to performing the audit. Although we have not yet been paid for that analysis, we are required to provide it to LBK. We retained a copy of LBK's general ledger when we returned the original to LBK's attorney. LBK has requested that we provide a copy because their Our client, LBK Industries, has requested that we provide it with certain documents related to our recently completed audit and other provided services. The following offers guidance on how we should proceed with that request. One item that LBK has requested is our working papers. We should provide them because LBK has paid us for preparing them. We currently hold LBK's accounts receivable subsidiary ledger for December. We should return the ledger to LBK as soon as possible. We have copies of certain invoices produced from the originals in LBK's files. Because this information is confidential, we should return the copies to LBK. Choose an option below: O [Original Text] Because this information is confidential, we should return the copies to LBK. O Because the copies are considered records of the client, our standards require us to return them. O Because the invoices are copies and LBK has the originals, we need not return them. Because the copies are in digital form only, we need not return them. RESET CANCEL ACCEPT We nranarod One item that LBK has requested is our working papers. We should provide them because LBK has paid us for preparing them. We currently hold LBK's accounts receivable subsidiary ledger for December. We should return the ledger to LBK as soon as possible. We have copies of certain invoices produced from the originals in LBK's files. Because this information is confidential , we should return the copies to LBK. We prepared an analysis of sales by region for LBK in addition to performing the audit. Although we have not yet been paid for that analysis, we are required to provide it to LBK. 5 Choose an option below: O [Original Text] Although we have not yet been paid for that analysis, we are required to provide it to LBK. O Because this service impairs our independence, we should not have performed this service and we should not provide the analysis to LBK. O Although we are required to give this analysis to LBK, we must wait until the audit is complete and the statements are issued. O Because we have not yet been paid for that analysis, we need not provide it to LBK. RESET CANCEL ACCEPT We retained a copy of LBK's general ledger when we returned the original to LBK's attorney. LBK has requested that we provide a copy because their representative, the attorney, has been slow in providing the original. We are required to give the copy to LBK if it provides evidence that the attorney has been unresponsive. Our client, LBK Industries, has requested that we provide it with certain documents related to our recently completed audit and other provided services. The following offers guidance on how we should proceed with that request. One item that LBK has requested is our working papers. We should provide them because LBK has paid us for preparing them. We currently hold LBK's accounts receivable subsidiary ledger for December. We should return the ledger to LBK as soon as possible. We have copies of certain invoices produced from the originals in LBK's files. Because this information is confidential, we should return the copies to LBK. We prepared an analysis of sales by region for LBK in addition to performing the audit. Although we have not yet been paid for that analysis, we are required to provide it to LBK. We retained a copy of LBK's general ledger when we returned the original to LBK's attorney. LBK has requested that we provide a copy because their representative, the attorney, has been slow in providing the original. We are required to give the copy to LBK if it provides evidence that the attorney has been unresponsive Choose an option below: O [Original Text) We are required to give the copy to LBK if it provides evidence that the attorney has been unresponsive. We are required to give the copy to LBK if the attorney requests it. O We are not required to provide the copy because to do so would violate attorney-client privilege. o We are not required to provide the copy but may do so if LBK agrees to pay for it. DESET

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