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As Part of the Review for Subsequent Events,the Auditor Will

Question 51

Multiple Choice
As part of the review for subsequent events,the auditor will review financial statements prepared after the balance sheet date.The statements should be discussed with management to determine whether they
A)were approved by the controller prior to your review.
B)are mathematically correct,including calculation of depreciation.
C)are prepared on the same basis as the current-period statements.
D)were completed on a comparative basis,showing the last three years.

As part of the review for subsequent events,the auditor will review financial statements prepared after the balance sheet date.The statements should be discussed with management to determine whether they


A) were approved by the controller prior to your review.
B) are mathematically correct,including calculation of depreciation.
C) are prepared on the same basis as the current-period statements.
D) were completed on a comparative basis,showing the last three years.

Correct Answer:

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