Which of the following is not a reason why the auditor requests that the client provide a letter of representation?
A) Professional auditing standards require the auditor to obtain a letter of representation.
B) It impresses upon management its responsibility for the accuracy of the information in the financial statements.
C) It provides written documentation of the oral responses already received to inquiries of management.
D) It provides written documentation, which is a higher quality of evidence than management's oral responses to inquiries.

Question

Quizplus · Accepted Answer

A letter of representation is not considered higher quality evidence than other forms of evidence, such as external confirmations or documentation. It is used to confirm oral responses and fulfill auditing standards, but it is not superior in quality.

Which of the Following Is Not a Reason Why the Auditor