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An audit engagement letter is governed by:
ASA 240
BSA 210
CSA 220
DSA 580
Answer & Solution
Correct answer: C. SA 220
1. SA 210 "Agreeing the Terms of Audit Engagements" governs engagement letters.
2. SA 220 is quality control; SA 240 is fraud; SA 580 is written representations.
3. The engagement letter establishes preconditions and terms.
_Source: ICAI BoS CA Final Paper 3, Ch 2 "Audit Planning Strategy and Execution"_
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