ACCA AA · Chapter 12 · Question 9 of 9
Which of the following statements about written representations is correct?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: C) They are necessary audit evidence but do not on their own provide sufficient appropriate evidence about matters they deal with
Explanation
ISA 580 states that written representations are necessary information but are not sufficient appropriate evidence on their own. They cannot replace evidence the auditor expects to be available, they are obtained from management, and they are required on every audit.
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