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S1: The subsequent events period extends to the date of management representation letter and the auditor’s report. S2: The failure of management to provide a management representation letter is considered a scope limitation on the audit. a. Only S1 is true. b. Only S2 is true. c. Both S1 and S2 are true. d. Both S1 and S2 are false.

S1: The subsequent events period extends to the date of management representation letter and the auditor’s report. S2: The failure of management to provide a management representation letter is considered a scope limitation on the audit. a. Only S1 is true. b. Only S2 is true. c. Both S1 and S2 are true. d. Both S1 and S2 are false.

Auditing: A Risk Based-Approach (MindTap Course List)
Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter14: Completing A Quality Audit
Section: Chapter Questions
Problem 32CYBK
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S1: The subsequent events period extends to the date of management representation letter and the auditor’s report. S2: The failure of management to provide a management representation letter is considered a scope limitation on the audit.

a. Only S1 is true.
b. Only S2 is true.
c. Both S1 and S2 are true.
d. Both S1 and S2 are false.

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