rights of the auditor
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Which of the following are rights of the auditors?
a) The right to all information and explanations (from management) necessary for the proper conduct of the audit.
b) The right to receive notice of all meetings of the shareholders (such as the annual general meeting) and to attend those meetings.
c) The right to speak at shareholders’ meetings on matters affecting the audit or the auditor.
d) The right to visit the branches of the audit firm and right to access all accounting books and records.
e) The right to examine and evaluate financial and information systems, recommending controls to ensure system reliability and data integrity
f) The right to review data about material assets, net worth, liabilities, capital stock, surplus, income and expenditures
Only e) and f)
Only d) , e) and f)
Only a) , b) and c)
Only a) , b) ,c) and d)
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