If the predecessor auditors do not reissue their audit report on comparative financial statements, the successor auditors should:
A. Express a qualified opinion on the comparative financial statements audited by the predecessor auditors.
B. Refer to the report of the predecessor auditors.
C. Reproduce the predecessor auditors' report and include it with the new set of financial statements.
D. Have the client omit the comparative financial statements.
Answer: B
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A) the inflation rate that causes costs to rise B) the average inventory costs incurred at any point of time C) the primary factor that causes a cost to be incurred D) the total material, labor, and overhead costs of a completed job
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A. performance appraisal B. interview C. medical test D. reference
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Answer the following statement true (T) or false (F)