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ACC 550 Audit Documentation Exam| Questions Solved 100% Correct | Verified
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Why is the PCAOB's audit documentation retention requirement longer than AICPA & ISA? - ANSWER It takes longer for litigation to form for public companies, so PCAOB wanted the longer time frame in order to have the documentation when needed. Report Release Date - ANSWER date auditor grants permission to use the auditor's report
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