When Performing a Review of a Nonpublic Company,the Auditors Must

Multiple Choice

When performing a review of a nonpublic company,the auditors must obtain in a representation letter acknowledgement of management for its responsibility for each of the following except:

A) Responsibility for identifying illegal acts committed by employees.
B) Responsibility for the financial statements conforming with generally accepted accounting principles.
C) Responsibility to prevent and detect fraud.
D) Knowledge of any actual or suspected fraud that is material.