Which of the following is not explicitly stated in the standard unqualified audit report?
A) The financial statements are the responsibility of management.
B) The audit was conducted in accordance with generally accepted accounting principles.
C) The auditors believe that the audit evidence provides a reasonable basis for their opinion.
D) An audit includes assessing the accounting estimates used.
Correct Answer:
Verified
Q3: The audit report date on a standard
Q4: The standard unqualified audit report for a
Q5: The management's responsibility section of the standard
Q6: If the balance sheet of a private
Q7: EPM, Inc., is a private manufacturing company
Q9: Describe the standard unqualified report to be
Q10: Which of the following statements are true
Q11: Auditing standards require that the audit report
Q11: The auditor's responsibility section of the standard
Q23: An audit of historical financial statements most
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