Situations in which auditors provide additional copies of a previously issued report or grant entities permission to use a previously issued report in a document containing financial statements after its original date are known as
A)additional use reports.
B)reissued reports.
C)subsequent use reports.
D)updated reports.

Question

Quizplus · Accepted Answer

These situations are known as reissued reports, as they involve providing an additional copy of a previously issued report or granting permission for its use after its original issuance date. "Additional use reports" and "subsequent use reports" are not commonly used terms in the auditing profession, and "updated reports" refers to reports that have been revised to reflect new information or changes in the auditors' conclusions.

Situations in Which Auditors Provide Additional Copies of a Previously