Subsequently discovered facts are facts that
A) occur between the date of the financial statements and the date of the auditor's report,that do not require disclosure or adjustment in the financial statements
B) become known to the auditor after the date of the auditor's report that may have caused the auditor to amend his report had he known of them before the report was written
C) become known to the auditor after the issuance of the auditor's report that may have caused the auditor to amend his report had he known of them before the report was written
D) occur between the date of the financial statements and the date of the auditor's report,that require disclosure or adjustment in the financial statements
Correct Answer:
Verified
Q35: There are two types of events of
Q36: The requirements for Type I and Type
Q37: The auditor's responsibility according to the auditing
Q38: If both required conditions of loss contingencies
Q39: Type II subsequent events
A)provide evidence for conditions
Q41: The FASB define related parties as
A)customers of
Q42: The FASB define related parties as
A)affiliates of
Q43: The auditor is concerned about the client's
Q44: From the auditor's point of view,the problem
Q45: The FASB define related parties as
A)customers of
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