ICANAudit & AssuranceAudit Evidence and Sampling2022

A written representation from management is:

AA substitute for other audit evidence where evidence is unavailable
BNecessary but not sufficient on its own for matters material to the financial statementsCORRECT
CRequired only for first year audits
DAddressed to the shareholders
AI
Toaster Teacher
Why the answer is B, and why the others tempt you.
ISA 580 makes clear that written representations are audit evidence but do not by themselves provide sufficient appropriate evidence about the matters they address, and cannot replace other available evidence.
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