The management representation letter is used:
A) by the auditor in lieu of audit testing in cases of scope limitation.
B) by the auditor as evidence that management understands its responsibility for the financial statements and internal control environment.
C) by the auditor as its sole defense in case of lawsuits arising from an audit failure.
D) All of the above.
Correct Answer:
Verified
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A)
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Q35: SOX section 103 and AS #7 require:
A)
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