Which of the Following Statements Ordinarily Is Included Among the Written

question 35

Multiple Choice

Which of the following statements ordinarily is included among the written management representations obtained by the auditor?

• A) Compensating balances and other arrangements involving restrictions on cash balances have been disclosed.
• B) Management acknowledges responsibility for illegal actions committed by employees.
• C) Sufficient evidential matter has been made available to permit the issuance of an unqualified opinion.
• D) Management acknowledges that there are no material weaknesses in the account balances.

---

Definitions:

Unknown Chemical

A substance whose identity, composition, or effects are not known, often posing a risk in situations of exposure or contamination.

Closed Head Injury

A type of traumatic brain injury where the skull remains intact, but there may be damage to the brain tissues caused by a blow or jolt to the head.

Displaced Wrist Fracture

A break in one or more of the bones in the wrist where the bone fragments have moved out of their normal alignment.

Natural Disaster

A natural event such as a flood, earthquake, or hurricane that causes significant damage or loss of life.