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Category > Business & Finance Posted 14 May 2017 My Price 5.00

Which of the following events occurring after the issuance

Which of the following events occurring after the issuance of a set of financial statements and the accompanying auditor’s report would be most likely to cause the auditor to make further inquiries about the financial statements?

a. A technological development in the industry that could affect the entity’s future ability to continue as a going concern.

b. The entity’s sale of a subsidiary that accounts for 30 percent of the entity’s consolidated sales.

c. The discovery of information regarding a contingency that existed before the financial statements were issued.

d. The final resolution of a lawsuit explained in a separate paragraph of the auditor’s report.

 

Answers

(8)
Status NEW Posted 14 May 2017 12:05 PM My Price 5.00

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file 1494766353-Answer.docx preview (134 words )
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