Solution-Find which is representation letter issued by a

Find which is representation letter issued by a client

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Reference no: EM132826666

Problem 1: The management denied the auditor's request that management has to extend its assessment of its going concern ability. However, the auditor's other procedures are sufficient to assess the appropriateness of management use of the going concern assumption in the preparation of the financial statements. The auditor should issue:

a. unqualified opinion
b. adverse opinion
c. unqualified opinion with emphasis of a matter paragraph
d. disclaimer of opinion

Problem 2: A representation letter issued by a client

a. is essential for the preparation of the audit program
b. is a substitute for testing
c. does not reduce the auditor's responsibility
d. reduces the auditor's responsibility only to the extent it is relied upon.

Reference no: EM132826666

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Find which is representation letter issued by a client

Reference no: EM132826666

Reference no: EM132826666

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