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tbparker tbparker
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A year ago
Which of the following statements is correct?

▸ A letter of representation is documentation of management's acceptance of responsibility for the financial statements and is deemed to be reliable evidence.

▸ A letter of representation is not deemed to be reliable evidence because of the potential incompetence of management.

▸ A letter of representation is not deemed to be reliable evidence because it is a written statement from a nonindependent source.

▸ A letter of representation is documentation of the CPA's acceptance of responsibility for the audit of the financial statement and is deemed to be reliable.
Textbook 
Auditing and Assurance Services

Auditing and Assurance Services


Edition: 17th
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ahgoebelahgoebel
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A year ago
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tbparker Author
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A year ago
Thanks
erimis
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Yesterday
Thank you, thank you, thank you!
asd454512
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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