The following is from the Wiley CPA 2011 Test Bank Software (Online). Click here to get over 900 AUD CPA Exam practice questions for $87.
Topic: Audit Evidence
The primary responsibility for the adequacy of disclosure in the financial statements of a publicly held company rests with the
A: Partner assigned to the audit engagement.
B: Management of the company.
C: Auditor in charge of the fieldwork.
D: Securities and Exchange Commission.
2 comments on “Wiley CPA Review QOTD – AUD”
I would think B, since the key management officers has to signed off on the financial statements as part of reporting requirements to the SEC.
just wanted to know whether the CPA Exams 2010 are out.