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    PracticeCPA®CPA AUD Practice ExamQuestion 43
    Easy1 markMultiple Choice
    Area 4: ReportingAUDManagement RepresentationsReporting

    CPA · Question 43 · Area 4: Reporting

    An auditor is preparing a management representation letter. Which of the following dates should be used for the letter?

    Answer options:

    A.

    The balance sheet date.

    B.

    The date of the auditor's report.

    C.

    The date the financial statements are issued to the public.

    D.

    60 days after the balance sheet date.

    How to approach this question

    Rep Letter Date = Auditor Report Date.

    Full Answer

    B.The date of the auditor's report.✓ Correct
    The date of the auditor's report.
    The management representation letter should be dated as of the date of the auditor's report. It confirms that management has fulfilled its responsibilities up to that point.

    Common mistakes

    Using the Balance Sheet date.
    Question 42All questionsQuestion 44

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