Problem

Orange Corporation was audited for the year ended December 31. The audit was completed on...

Orange Corporation was audited for the year ended December 31. The audit was completed on January 25; prior to the release of the report, auditors learned of a two-for-one stock split on February 1. If dual dating is used, what are the proper dates for the auditors’ reports?

A. December 31 and January 25.

B. January 25 and February 1.

C. January 25 and February 15.

D. February 1 and February 15.

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