Auditors often request that the entity send a letter of inquiry to those attorneys who have been consulted with respect to litigation, claims, and/or assessments. The primary reason for this request is to provide the auditor with
A. An estimate of the dollar amount of the probable loss.
B. An expert opinion as to whether a loss is possible, probable, or remote.
C. Information concerning the progress of cases to date.
D. Corroborative inquiries made of the entity by the auditor.
Answer: Corroborative inquiries made of the entity by the auditor.
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