To obtain an understanding of a continuing
client’s business in planning an audit, an
auditor most likely would
a. Read specialized industry journals.
b. Review prior year working papers
and the permanent file for the
client.
c. Reevaluate the client’s internal control
environment.
d. Perform tests of details of transactions
and balances
client’s business in planning an audit, an
auditor most likely would
a. Read specialized industry journals.
b. Review prior year working papers
and the permanent file for the
client.
c. Reevaluate the client’s internal control
environment.
d. Perform tests of details of transactions
and balances