The Auditors Must Obtain Written Client Representations That Normally Should

question 25

Multiple Choice

The auditors must obtain written client representations that normally should be signed by:

• A) The president and the chairperson of the board.
• B) The treasurer and the internal auditor.
• C) The chief executive officer and the chief financial officer.
• D) The corporate counsel and the audit committee chairperson.

---

Definitions:

Human Resources

The department within an organization that is responsible for managing employee-related functions, such as hiring, training, and benefits.

Headquarters-Centered

A management approach or organizational structure in which decision-making authority, corporate culture, and major activities are centralized at the main office or headquarters.

Ethnocentric

A perspective that evaluates other cultures according to the standards of one's own culture, often regarding them as inferior.

Howard Perlmutter

A scholar known for his work on the internationalization of firms, including the concept of ethnocentric, polycentric, and geocentric orientations in international business.