Auditor provides his opinion on the basis of the conclusion drawn from the audit evidences obtained during the process of the audit. Some audit evidences are received from the third party and some from the management. Management representation letter is also a kind of the evidence for the auditor. To indicate: The purpose of the management representation letter.

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Answer 1

Question

Chapter 17, Problem 17.7RQ

To determine

Concept Introduction:

Auditor provides his opinion on the basis of the conclusion drawn from the audit evidences obtained during the process of the audit. Some audit evidences are received from the third party and some from the management. Management representation letter is also a kind of the evidence for the auditor.

To indicate:The purpose of the management representation letter.

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Answer 2

Question

Chapter 17, Problem 17.7RQ

To determine

Concept Introduction:

Auditor provides his opinion on the basis of the conclusion drawn from the audit evidences obtained during the process of the audit. Some audit evidences are received from the third party and some from the management. Management representation letter is also a kind of the evidence for the auditor.

To indicate:The purpose of the management representation letter.

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Answer 3

Question

Chapter 17, Problem 17.7RQ

To determine

Concept Introduction:

Auditor provides his opinion on the basis of the conclusion drawn from the audit evidences obtained during the process of the audit. Some audit evidences are received from the third party and some from the management. Management representation letter is also a kind of the evidence for the auditor.

To indicate:The purpose of the management representation letter.

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Answer 4

Question

Chapter 17, Problem 17.7RQ

To determine

Concept Introduction:

Auditor provides his opinion on the basis of the conclusion drawn from the audit evidences obtained during the process of the audit. Some audit evidences are received from the third party and some from the management. Management representation letter is also a kind of the evidence for the auditor.

To indicate:The purpose of the management representation letter.

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Answer 5

Chapter 17, Problem 17.7RQ

To determine

Concept Introduction:

Auditor provides his opinion on the basis of the conclusion drawn from the audit evidences obtained during the process of the audit. Some audit evidences are received from the third party and some from the management. Management representation letter is also a kind of the evidence for the auditor.

To indicate:The purpose of the management representation letter.

Answer 6

Chapter 17, Problem 17.7RQ

To determine

Concept Introduction:

Auditor provides his opinion on the basis of the conclusion drawn from the audit evidences obtained during the process of the audit. Some audit evidences are received from the third party and some from the management. Management representation letter is also a kind of the evidence for the auditor.

To indicate:The purpose of the management representation letter.

Answer 7

Chapter 17, Problem 17.7RQ

To determine

Concept Introduction:

Auditor provides his opinion on the basis of the conclusion drawn from the audit evidences obtained during the process of the audit. Some audit evidences are received from the third party and some from the management. Management representation letter is also a kind of the evidence for the auditor.

To indicate:The purpose of the management representation letter.

Answer 8

Expert Solution & Answer

Answer 9

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Answer 10

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Answer 11

Ch. 17 - Prob. 17.1RQ Ch. 17 - Prob. 17.2RQ Ch. 17 - Prob. 17.3RQ Ch. 17 - Prob. 17.4RQ Ch. 17 - Prob. 17.5RQ Ch. 17 - Prob. 17.6RQ Ch. 17 - Prob. 17.7RQ Ch. 17 - Prob. 17.8RQ Ch. 17 - Prob. 17.9RQ Ch. 17 - Prob. 17.10RQ

Solution Summary: The author explains that auditor provides his opinion on the basis of the conclusion drawn from the audit evidences obtained during the process of audit.

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Chapter 17 Solutions