Q
For what minimum period should audit working papers be retained by audit firm?
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A
A. for the time period the entity remains a client of the audit firm.
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B
B. for a period of ten years
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C
C. for a period auditor opines them to be useful in servicing the client
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D
D. for the period the audit firm is in existence.
Correct Answer:
C. C. for a period auditor opines them to be useful in servicing the client