The audit working papers belong to:
A)The company under audit.
B)The government.
C)The audit firm.
D)They are public record documents.

Question

Quizplus · Accepted Answer

The audit working papers belong to the audit firm that conducted the audit. They are considered confidential and are not typically shared with the company under audit or the government, although they may be subject to review by regulatory entities during inspections or investigations. They are not public record documents, as they contain sensitive information about the audit process and the financial condition of the company being audited.

The Audit Working Papers Belong To