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

Question

Quizplus · Accepted Answer

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

The Auditor Relies on the Management Representation Letter To