Problem

The permanent file section of the working papers that is kept for each audit client most l...

The permanent file section of the working papers that is kept for each audit client most likely contains

a. Review notes pertaining to questions and comments regarding the audit work performed.

b. A schedule of time spent on the engagement by each individual auditor.

c. Correspondence with the entity’s legal counsel concerning pending litigation.

d. Narrative descriptions of the entity’s accounting system and control procedures.

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