Question

At the completion of the​ audit, management is asked to make a written statement that it is not aware of any undisclosed contingent liabilities. This statement would appear in the

A. letters testamentary.
B. management letter.
C. letter of inquiry.
D. management letter of representation

Answer 1

Answer: (D) Management letter of representation

Step-by-step explanation:

The management letter of representation is the form of letter that are written by the external auditors in an organization.

The main purpose of management letter of the representation is that it include all the financial statement of the company signed by the senior company manager.

The accuracy of the letter are managed by the management of the company. This letter is basically submitted to the auditors for the further analysis.

Therefore, Option (D) is correct.