What procedures must the auditor perform when gathering evidence related to contingencies? (Several choices may be correct.) O Send accounts payable confirmations O Inquire of management and in-house legal counsel of any unreported contingent liabilities O Review minutes of the board of directors O Review legal expense accounts for unexpected fluctuations O Perform an inventory count
What procedures must the auditor perform when gathering evidence related to contingencies? (Several choices may be correct.) O Send accounts payable confirmations O Inquire of management and in-house legal counsel of any unreported contingent liabilities O Review minutes of the board of directors O Review legal expense accounts for unexpected fluctuations O Perform an inventory count
Chapter1: Financial Statements And Business Decisions
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