An auditor will ordinarily examine invoices from lawyers primarily in order to:
A)substantiate accruals.
B)assess the legal ramifications of litigation in progress.
C)estimate the dollar amount of contingent liabilities.
D)identify actual or potential litigation against the entity.

Question

Quizplus · Accepted Answer

The auditor examines invoices from lawyers to identify any actual or potential litigation against the entity, which could affect the financial statements.

An Auditor Will Ordinarily Examine Invoices from Lawyers Primarily in Order