Day: April 21, 2026

Which ONE of the following documents would NOT be held on a current audit file?

Select ONE answer:

1. Details of the history of the client’s business
2. Communications with experts
3. Audit file review notes
4. Copies of management accounts

Show your workings to arrive at your answer, and explain and justify your reasons:

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple-choice question is suitable for Accounting KS5 classes.

The answer is 1

1. Correct – Details of the history of the client’s business and lease agreements would be held on the permanent audit file.
2. Not correct
3. Not correct
4. Not correct

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