The management letter is an important document that is issued during one of the phases of the audit. Which statement below best describes what a management letter is?

Select one:

a.

A letter that documents and confirms the auditors acceptance and terms of appointment, including the respective responsibilities of both management and the auditor.

b.

A letter from management to the auditors confirming their representations relating to their responsibilities.

c.

A letter from the auditor to management noting any weaknesses in internal controls and recommendations for improvement.

d.

A letter that documents information and evidence which the auditor requires from management.