The auditor relies on the management representation letter to:
A) confirm written representations given to the auditor.
B) document the continuing materiality of management representations.
C) reduce the possibility of misunderstanding concerning management's representations.
D) guarantee the absence of management fraud.

Question

Quizplus · Accepted Answer

The management representation letter helps to reduce misunderstandings by documenting management's representations, but it does not confirm, document materiality, or guarantee the absence of fraud.

The Auditor Relies on the Management Representation Letter To