The Management Letter Prepared by the Auditor Should Only Discuss

question 9

True/False

The management letter prepared by the auditor should only discuss internal control related issues discovered during the audit.

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Definitions:

Internal and External Supply

The combination of resources or workforce sourced from within an organization and those acquired from outside to meet its operational needs.

Management Inventories

A system for tracking and assessing the skills, abilities, and potential of management personnel within an organization.

Management Inventories

Assessments or listings of the skills, competencies, and qualifications of managerial staff and potential leadership within an organization.

Human Resources

The division of a business that is charged with finding, screening, recruiting, and training job applicants, as well as administering employee-benefit programs.