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    Question

    As per SA 230, audit working papers must be retained

    for:
    A 3 years Correct Answer Incorrect Answer
    B 5 years Correct Answer Incorrect Answer
    C 7 years Correct Answer Incorrect Answer
    D 10 years Correct Answer Incorrect Answer

    Solution

    Standard on Auditing (SA 230) requires 7-year retention of audit documentation from report date.

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