As per the appendix to AU-C 210, Terms of Engagement, a typical engagement letter for a private company client begins with a paragraph on the ________.
A)objective and scope of the audit
B)responsibilities of the auditor
C)responsibilities of management
D)fee arrangements and billings

Question

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The appendix to AU-C 210, Terms of Engagement, indicates that a typical engagement letter for a private company client begins with a paragraph on the objective and scope of the audit. This sets the foundation for understanding the purpose and extent of the audit work to be performed.

As Per the Appendix to AU-C 210, Terms of Engagement