After issuance of the auditor's report,the auditor has no obligation to make any further inquiries with respect to audited financial statements covered by that report unless
A) A final resolution of a contingency that had resulted in a qualification of the auditor's report is made.
B) A development occurs that may affect the client's ability to continue as a going concern.
C) An investigation of the auditor's practice by a peer review committee ensues.
D) New information is discovered concerning undisclosed related party transactions of the previously audited period.
Correct Answer:
Verified
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