Which one of the following types of documentation is required for an audit in accordance with generally accepted auditing standards?
A) an internal control questionnaire
B) a client representation letter
C) a planning memorandum or checklist
D) a client engagement letter

Question

Quizplus · Accepted Answer

A client representation letter is required for an audit in accordance with generally accepted auditing standards. This is a letter from management to the auditor that provides certain representations regarding the financial statements and related matters. Internal control questionnaires, planning memorandums or checklists, and client engagement letters may also be prepared during the audit process, but they are not required documentation for the audit itself.

Which One of the Following Types of Documentation Is Required