Multiple Choice
Which of the following statements regarding a legal representation letter is in?
A) the letter is sent by the client to its lawyers asking them to complete the letter and send it directly to the auditor
B) the letter is sent by the auditor to its lawyers asking them to complete the letter and send it directly to the client
C) the letter can include a request to provide details of any legal matters that the lawyer is in disagreement with the client
D) the letter can include any legal matters involving the client
Correct Answer:
Verified
Correct Answer:
Verified
Q1: ASA502 Audit Evidence - Specific Considerations for
Q2: Explain the purpose of working papers and
Q4: Describe the major evidence gathering procedures most
Q5: Completeness is an assertion used:<br>A)for presentation and
Q6: The first stage when an auditor considers
Q7: The greater the risk of material misstatement
Q8: External confirmations can be sent to:<br>A)third parties
Q9: When there is a significant risk that
Q10: The cut-off assertion means that the entity
Q11: Audit evidence is the information that an