The auditor's conclusions are stated as opinion rather than a statement of fact, as:
A) to allow for a margin of error.
B) conclusions are based on professional judgement.
C) to avoid the possibility of legal action against the auditor.
D) all of the above
Correct Answer:
Verified
Q1: The most common type of audit report
Q2: It is appropriate to issue an opinion
Q3: It is more difficult to evaluate the
Q4: What condition/s require/s departure from an unmodified
Q5: Whenever an auditor issues a standard unmodified
Q7: As the auditor was enagaged to undertake
Q8: Where the preparers of the financial report
Q9: Under certain circumstances, the auditor is required
Q10: Auditors sometimes encounter situations in which the
Q11: When amounts are so material that an
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