Independent auditors (CPAs)render an opinion that the financial statements do or do not fairly present a company's financial position,operating results,and cash flows.

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This is a true statement. The main role of independent auditors (CPAs) is to assess the fairness and accuracy of a company's financial statements and provide an opinion on whether they comply with generally accepted accounting principles (GAAP). Their opinion is based on their examination of the company's financial records, internal controls, and other relevant information.

Independent Auditors (CPAs)render an Opinion That the Financial Statements Do