When Considering the Use of Management's Written Representations as Audit

question 50

Multiple Choice

When considering the use of management's written representations as audit evidence about the completeness assertion,an auditor should understand that such representations

• A) complement, but do not replace, substantive procedures designed to support the assertion.
• B) constitute sufficient evidence to support the assertion when considered in combination with reliance on internal controls.
• C) are not part of the evidential matter considered to support the assertion.
• D) replace reliance on internal controls as evidence to support the assertion.

Identify and explain the major drivers of supply chain performance.

Understand and analyze the impact of economies of scale in supply chain operations.

Analyze different pricing strategies and their effects on supply chain demand and efficiency.

Apply principles of supply chain management to evaluate and suggest competitive strategies.