Ja'Niya, a recent college graduate has started working for Cline CPA Firm. Ja'Niya is currently taking part in her first audit, and is discussing the management letter with her supervisor, Jamie. Jamie has just explained why the CPA firm sends management letters to its audit clients, however Ja'Niya is still confused as to the purpose of the letter and asks Jamie to provide some examples of items that might be in the letter. Which of the following would represent examples of items that an auditor might apprise management of in a management letter? The external auditing firm might use a management letter to communicate important matters and details about the audit to the client's management. For example, a proposed auditing schedule and estimated fees are likely to be included. The external auditing firm typically uses a management letter to communicate deficiencies and weaknesses in internal control to a client's management, and solicits recommendations from client management to remedy these weaknesses. The auditor may use the management letter to note areas of deficiency in internal control. Examples of such deficiencies could relate to accounts receivable processing and cash receipts and disbursements. The external auditors may also include recommendations to remedy any weaknesses noted. Generally accepted auditing standards require drafting and transmittal of the management letter by the external auditors for all public and private clients. Once the management letter has been received by management, the auditors' requests written assurances from management confirming the effectiveness of internal controls in the noted areas