Which of the following matters is an auditor not required to communicate to those charged A. Significant adjustments arising from the audit that were recorded by management. B. The basis for the auditor's conclusions about the reasonableness of management's sensitive accounting estimates. C. The level of responsibility assumed by the auditor under generally accepted auditing standards. D. The degree of reliance the auditor placed on the management representation letter.

Which of the following matters is an auditor not required to communicate to those charged A. Significant adjustments arising from the audit that were recorded by management. B. The basis for the auditor's conclusions about the reasonableness of management's sensitive accounting estimates. C. The level of responsibility assumed by the auditor under generally accepted auditing standards. D. The degree of reliance the auditor placed on the management representation letter.

Auditing: A Risk Based-Approach to Conducting a Quality Audit

10th Edition

ISBN:9781305080577

Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Chapter14: Activities Required In Completing A Quality Audit

Section: Chapter Questions

Problem 49MCQ

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