Which of the following procedures would an auditor most likely include in the initial planning of a financial statement audit?
a. Obtaining a written representation letter from the client's management.
b. Examining documents to detect illegal acts having a material effect on the financial statements.
c. Considering whether the client's accounting estimates are reasonable in the circumstances.
d. Determining the extent of involvement of the client's internal auditors.
Answer: D
CPA Exam
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