Which of the Following Is Not a Purpose of the Management

question 91

Multiple Choice

Which of the following is not a purpose of the management representation letter?

• A)It reminds management of its responsibility for the financial statements.
• B)It confirms oral responses obtained by the auditor earlier in the audit and the continuing appropriateness of those responses.
• C)It decreases the possibility of misunderstanding concerning the matters that are the subject of the representations.
• D)It implies that the auditor is responsible for the design of the internal controls.

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Definitions:

Forgiveness

The process of letting go of resentment, anger, or vengeance toward someone who has wronged you, often considered a step towards healing and reconciliation.

Angry

Experiencing or showing strong feelings of displeasure, hostility, or antagonism.

Retribution

Retribution is the principle of justice based on punishment for wrongdoing, often viewed as deserved or morally right retaliation.

Relationship Satisfaction

The degree to which individuals feel content and fulfilled in their romantic relationships, based on factors like communication, compatibility, and emotional connection.