Question

With regard to an audit of financial statements, which of the following is NOT true? A....

With regard to an audit of financial statements, which of the following is NOT true?

A.

Auditors provide reasonable assurance, but not absolute assurance through their audit opinions.

B.

An unqualified opinion is the "best" audit report a company can receive.

C.

Auditors take primary responsibility for the accuracy of a company's financial statements.

D.

Auditors evaluate financial statements for "fairness."

E.

None of the above (all of the above are true)

Homework Answers

Answer #1

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