For what minimum period should audit working papers be retained by audit firm?
Options:
| a) For the time period the entity remains a client of the audit firm. b) For a period of ten years c) For a period auditor opines them to be useful in servicing the client d) For the period the audit firm is in existence. |
The Correct Answer Is:
c) For a period auditor opines them to be useful in servicing the client