Question: Question 3 - Management Responsibilities (7 marks) What is a letter of representation to Management? Describe its purpose and what should happen if management refuses

Question 3 - Management Responsibilities (7 marks)

What is a letter of representation to Management? Describe its purpose and what should happen if management refuses to issue a letter of representation on matters which are considered material to the financial statements?

Provide explanations with appropriate examples of seven (7) types of audit procedures for obtaining audit evidence.

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