Which of the following third parties is known by name to auditors as the audit is conducted?
A) Foreseeable third party.
B) Foreseen third party.
C) General third party.
D) Primary beneficiary.

Name: Which of the following third parties is known by name to auditors as the audit is conducted? A) Foreseeable third party. B) Foreseen third party. C) General third party. D) Primary beneficiary.
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Question

Quizplus · Accepted Answer

The primary beneficiary is a specific third party known by name to auditors during the audit process.

Which of the Following Third Parties Is Known by Name