In which of the following circumstances is it least likely that the auditor will have a responsibility to disclose a fraudulent act to parties other than the client's senior management and its audit committee?
a. In response to a successor auditor.
b. To comply with legal and regulatory requirements.
c. In response to question raised by an analyst who follows the stock of the company.
d. To a funding agency in accordance with requirement for audit of entities that receive governmental financial assistance.
Answer: C
CPA Exam
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