With respect to the auditor's planning of a
year-end examination, which of the following
statements is always true?
a. An engagement should not be accepted
after the fiscal year-end.
b. It is an acceptable practice to carry
out substantial parts of the
examination at interim dates.
c. An inventory count must be observed at
the balance sheet date.
d. The client's audit committee should not
be told of the specific audit procedures
that will be performed
year-end examination, which of the following
statements is always true?
a. An engagement should not be accepted
after the fiscal year-end.
b. It is an acceptable practice to carry
out substantial parts of the
examination at interim dates.
c. An inventory count must be observed at
the balance sheet date.
d. The client's audit committee should not
be told of the specific audit procedures
that will be performed