When Evaluating the Audit Findings, the Auditor Should Be Satisfied

Multiple Choice

When evaluating the audit findings, the auditor should be satisfied that the

A) amount of known misstatement is documented in the management representation letter.
B) estimate of the total known and likely misstatements is less than a material amount.
C) estimate of the total likely misstatement includes sample error.
D) amount of known misstatement is acknowledged and recorded by the client.