Question
28. (1 mark) A management letter of representation: a-Is delivered by the auditors to management for signature b-Is delivered by the CFO to the auditor
28. (1 mark)
A management letter of representation:
a-Is delivered by the auditors to management for signature
b-Is delivered by the CFO to the auditor for signature
c-Is delivered by the audit clients executive management to the auditor for signature
d-Is delivered by the CEO to the audit committee for signature
29. (1 mark)
Assuming a strong system of internal control, auditors can confirm a clients accounts receivable as much as :
a) 1 month before the yearend date
b) 2 months before the yearend date
c) 3 months before the yearend date
d) 4 months before the yearend date
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