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5. (TCO 11) Which of the following is not a purpose of the client
letter of representation?
6. (TCO 2) Which of the following conditions or events most likely
would cause an auditor to have substantial doubt about an entity's
ability to continue as a going concern?
7. (TCO 2) In May, Year 4, an auditor reissues the auditor's report on
the Year 2 financial statements at a continuing client's request. The
Year 2 financial statements are not restated and the auditor does not
revise the wording of the report. The auditor should:
8. (TCO 11) Which of the following items would ordinarily not be
included in the standard letter of inquiry to the client's attorney?
9. (TCO 2) In which type of report would you read the following
statement: "We believe that our examination provides a reasonable
basis for our opinion."?
10. (TCO 2) In connection with a proposal to obtain a new client, an
accountant in public practice is asked to prepare a written report on
the application of the requirements of an applicable financial
reporting framework to a specific transaction. The accountant's report
should include a statement that:
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ACCT 444 Week 7 Quiz
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