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Principles of Auditing Test 1

Question:

Which of the following has primary responsibility for the fairness of the representations made in financial statements?

1. Client's management
2. independent auditor
3. audit committee
4. AICPA

Answer:

client's management
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Last update by nikki.klover on 09/16/2012
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Principles of Auditing Test 1
Principles of Auditing Test 1
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Free Flashcard From Principles of Auditing Test 1
Question: Which of the following has primary responsibility for the fairness of the representations made in financial statements?1. Client's management2. independent auditor3. audit committee4. AICPA
Answer: client's management