The auditor's responsibilities section of the standard unmodified opinion audit report states that the audit is designed to
A) discover all errors and/or irregularities.
B) discover material errors and/or irregularities.
C) conform to generally accepted accounting principles.
D) obtain reasonable assurance whether the statements are free of material misstatement.

Question

Quizplus · Accepted Answer

The auditor's responsibility section of the standard unmodified opinion audit report states that the audit is designed to obtain reasonable assurance whether the financial statements are free from material misstatement, rather than discovering all errors and irregularities or conforming to generally accepted accounting principles. Therefore, choice D is the best answer.

The Auditor's Responsibilities Section of the Standard Unmodified Opinion Audit