In a general timeline of when audit activities occur for the audit of a client that uses a calendar year-end, the period referred to as "interim" is typically during the latter part of the ________.
A)third quarter and into the fourth quarter
B)second quarter and into the third quarter
C)first quarter and into the second quarter
D)first quarter through fourth quarter

Question

Quizplus · Accepted Answer

Interim period typically occurs during the latter part of the third quarter and into the fourth quarter for a calendar year-end client audit.

In a General Timeline of When Audit Activities Occur for the Audit