Auditing and EthicsMCQQuestion 6220 of 213
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14. Which of the following statement is incorrect with regard to written representations?

Select Your Answer (Keyboard: A, B, C, D)
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Correct Answer

✅ Option A — Written representations are an important source of audit evidence.

All Options:

  • AWritten representations are an important source of audit evidence. ✓
  • BWritten representations are necessary information that the auditor requires in connection with the audit of the entity's financial statements.
  • CWritten representations not only provide necessary audit evidence, but also provide sufficient appropriate audit evidence on their own about any of matters with which they deal.
  • DWritten representations only provide necessary audit evidence but do not provide sufficient appropriate audit evidence on their own about any of matters with which they deal. (2 Marks) AUDITING AND ETHICS

Detailed Solution & Explanation

Correct Answer: Option **A** Explanation: As per the official suggested answer, option **A** is correct. Hence, **Option A** is the correct answer.

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