AICPA Exam CPA-Auditing Topic 2 Question 109 Discussion

Actual exam question for AICPA's CPA-Auditing exam

Question #: 109
Topic #: 2

[All CPA-Auditing Questions]

Which of the following factors is (are) considered in determining the sample size for a test of controls?

AOption A

BOption B

COption C

DOption D

Show Suggested Answer

Suggested Answer: A

Choice 'a' is correct. It is appropriate for the representation letter to contain a statement regarding subsequent events.

Choice 'b' is incorrect. The representation letter typically includes information in four categories: financial statements; completeness; recognition, measurement, and disclosure; and subsequent events.

The communication of significant deficiencies in internal control does not fall within these categories.

Choice 'c' is incorrect. The representation letter typically includes information in four categories: financial statements; completeness; recognition, measurement, and disclosure; and subsequent events.

A waiver of attorney-client privilege does not fall within these categories.

Choice 'd' is incorrect. While this may be an accurate statement, it is not something that would be included in the management representation letter. The representation letter typically includes information in four categories: financial statements; completeness; recognition, measurement, and disclosure; and subsequent events.

by Darell at Mar 20, 2025, 11:53 PM

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15 days ago

Hmm, this is tricky. I think Option B might be the answer, but I'm not completely sure. Maybe I should re-read the question more carefully.

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Anissa

2 days ago

I think it's important to consider both Option A and Option B.

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Janae

21 days ago

I think factors like risk of misstatement and tolerable deviation rate are considered.

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