The Financial Statements Include Various Assertions Made by Management Which

The financial statements include various assertions made by management which underpin the figures. Which of the following statements is correct relating to assertions?

A) The auditor makes the assertion and then tests it during the course of the audit.
B) Management make the assertions by inclusion of items in the financial statements and the auditor tests those assertions.
C) Management make formal assertions to the auditor in the form of a letter and those assertions are given to the shareholders.
D) The auditor may assume that the assertions made by management are correct if the Finance Director is a qualified accountant.