[rakibhkamal]

I came up on the question below, in the Wiley CPA Study-Guide (Book).

– For my Wiley CPA Study-Guide (Book), The answer is (D.)

– For my CPA-Excel program, The answer is (A.)

I originally thought that the answer was (A.), but the book said it was (D.), so I took the answer for what it was. Now after seeing that the answer is (A.) in my CPA-Excel program, I am not sure what to make of it.

If anyone has the answer to this question below, please let me know. Thank You in advance.

A lawyer’s response to an auditor’s inquiry concerning litigation, claims, and assessments may be limited to matters that are considered individually or collectively material to the client’s financial statements. Which parties should reach an understanding on the limits of materiality for this purpose?

A. The auditor and the client’s management.

B. The client’s audit committee and the lawyer.

C. The client’s management and the lawyer.

D. The lawyer and the auditor.

P.S. I have the January 2015 Wiley Book. If anyone has the July 2015 Wiley Book, Please look in your book to see if the answer is (A.) or (D.).