Before adjusting entries proposed by the auditors are included in financial statements,they must be approved by the ________.
A)client's management
B)audit manager
C)engagement partner
D)cold review partner

Question

Quizplus · Accepted Answer

Before adjusting entries are included in financial statements, they must be approved by the client's management. This ensures that management is aware of and in agreement with any changes made to the financial statements based on the auditors' recommendations. The other options listed (audit manager, engagement partner, and cold review partner) may be involved in the audit process, but ultimate approval of the adjustments rests with the client's management.

Before Adjusting Entries Proposed by the Auditors Are Included in Financial