The management letter
A)is required by CAS whenever there are "reportable conditions."
B)must follow the format prescribed by the CPA.
C)spells out to the audit committee the auditor's responsibilities under generally accepted auditing standards.
D)is optional and is intended to help the client operate its business more effectively.

Question

Quizplus · Accepted Answer

The management letter is optional and is intended to help the client operate its business more effectively. It may include suggestions for improving internal controls, enhancing efficiency, or correcting deficiencies that were identified during the audit.

The Management Letter