Auditing & Assurance Services 6th Edition by Timothy Louwers

تمرين 50

A major objective of written representations is to
A) Shift responsibility for financial statements from the management to auditors.
B) Provide a substitute source of audit evidence for substantive procedures that auditors would otherwise perform.
C) Provide management an opportunity to make assertions about the quantity and valuation of the physical inventory.
D) Impress on management its ultimate responsibility for the financial statements and disclosures.