Which of the Following Is Explicitly Included as a Part

question 38

Multiple Choice

Which of the following is explicitly included as a part of the description of management's responsibility in a nonpublic company unmodified audit report?

• A)Management is responsible for making a judgment on which misstatements are material vs.immaterial.
• B)Management is responsible for providing auditors with all relevant evidence.
• C)Management is responsible for the maintenance of internal control.
• D)Management is responsible for listing all illegal acts with a direct effect on financial statement amounts and disclosures.