The auditing standards suggest that management representations are acceptable audit evidence where other sufficient appropriate audit evidence:
A) management representations are never appropriate audit evidence for financial statement assertions.
B) cannot reasonably be expected to exist.
C) can reasonably be expected to exist.
D) has not been furnished to the auditor.
Correct Answer:
Verified
Q1: Where an event occurring after the end
Q4: An existing condition, situation or set of
Q5: Ordinarily, an event indicating a material condition
Q6: When a solicitor refuses to respond to
Q7: When a question arises regarding the going-concern
Q8: Which of these is among the characteristics
Q9: Normally the initial source of information about
Q11: The auditor has decided that the financial
Q11: ASA 502.2 Audit Evidence - Specific Considerations
Q19: The event in a subsequent period that
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