Which of the following matters generally is included in an auditor's engagement letter?
A)Management's responsibility for the entity's compliance with laws and regulations.
B)The factors to be considered in setting preliminary judgments about materiality.
C)Management's liability for illegal acts committed by its employees.
D)The auditor's responsibility to guarantee accuracy of the financial statements.

Question

Quizplus · Accepted Answer

The auditor's engagement letter typically includes a section on management's responsibility for the entity's compliance with laws and regulations, as this outlines the scope of management's duties in relation to the audit.

Which of the Following Matters Generally Is Included in an Auditor's