Management has several responsibilities that are important to the auditor.One of these is that management is responsible for
A)internal controls that prevent material misstatements due to fraud or error.
B)maintaining control of evidence (such as confirmations)until assessed by the auditor.
C)evaluating evidence against acceptable criteria.
D)providing reasonable assurance that the financial statements are fairly stated.

Question

Quizplus · Accepted Answer

Management is responsible for internal controls that prevent material misstatements due to fraud or error.

Management Has Several Responsibilities That Are Important to the Auditor