"there are no violations or possible violations of laws or regulations whose effects should be considered for disclosure in the financial statements or as a basis for recording a loss contingency." the foregoing passage most likely is from a(an): a)management representation letter. b)entity engagement letter. c)report on compliance with laws and regulations. d)attestation report on internal controls.

The answer is a) management representation letter.

Explanation:

The passage is most likely from a management representation letter which is drafted by a client’s management, or a company’s external auditors; it is part of a management representation letter that assures an auditor about account balances, and is usually signed after audit field work is completed.

so you come to the correct conclusions and make the right decision based on good judgment and a clear mind and valid thought processes behind it, and not just hasty thinking and recklessness.

explanation:

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answer:

a. d.

explanation: