A "dual opinion" audit is one where
A) The auditors render an opinion on the primary government and any component units.
B) The auditors render an opinion on both the basic financial statements and the combining and individual fund financial statements.
C) The auditors render an opinion on both the financial and statistical sections of the CAFR.
D) The auditors render an opinion on the primary government, component units, and the CAFR as a whole.
Correct Answer:
Verified
Q1: Which fund types report the results of
Q3: Assume that a government has three nonmajor
Q4: Which of the following financial statements would
Q5: The independent auditor's opinion covers, at a
Q6: The introductory section of a CAFR typically
Q7: GAAP does not require
A) A management's discussion
Q8: Which of the following must be included
Q9:
Q10: In reviewing their governmental funds, a local
Q11: In the statistical section, the required demographic
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