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A major objective of written representations is to

a. Shift responsibility for financial statements from the management to auditors.
b. Provide a substitute source of audit evidence for substantive procedures that auditors would otherwise perform.
c. Provide management an opportunity to make assertions about the quantity and valuation of the physical inventory.
d. Impress on management its ultimate responsibility for the financial statements and disclosures.

User Kimigori
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1 Answer

3 votes

Answer:

option D - Impress on management its ultimate responsibility for the financial statements and disclosures.

Step-by-step explanation:

Correct answer is option D:

The written representations are written statements made by management team explaining about the distinct topics and also used as audit evidence.

This document taken as supporting document which is used to confirm other audit. The auditor managed the list of representation to be signed by client.

User Segev
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