Q.The Current Audit File, as distinct from the Permanent Audit File, contains:
(A) The client's Partnership Deed, which rarely changes
(B) A history of the business since its formation
(C) Information and documents relevant only to the audit of the current year
(D) The organisation chart of the business

The Current File is defined by being tied to just this one year's audit — everything else listed here is exactly the kind of lasting information the Permanent File holds instead.

This question tests the same Permanent-vs-Current distinction from the opposite direction of question 11. Section f defines the Current Audit File as holding information relevant ONLY to the current year's audit — the current year's correspondence, trial balance and financial statements, the audit programme prepared for that year, minutes relevant to that year, that year's management representation letters, and points to be raised in that year's audit report. …

Apply the same year-specific test as question 11, just from the other direction: if a document would need to be freshly obtained or recreated every audit cycle, it is Current File ma …