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You are completing the audit of Balladonia Co and you are waiting for the client to sign and return the written repesentation letter. The directors
You are completing the audit of Balladonia Co and you are waiting for the client to sign and return the written repesentation letter. The directors have expressed concern about signing the letter. They have stated that the auditor has been provided with all of the information they require and therefore do not understand why the representation letter is necessary. Which of the following statements is false? ?????? 1 ???????? ???? ?????: a. Written repesentations should only be relied on where there is limited other evidence available such as matters of judgment or matters confined to management b. Written repesentations include confirmation that management have fulfilled their responsibilities in respect of the financial statements and have provided the auditor will all records and information during the auditor c. Failure to obtain a written repesentation is likely to result in a disclaimer of opinion d. The auditor would obtain a written repesentation regarding the reasonableness of a depreciation charge as this is an estimate
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