The independent auditor's report
A) describes which financial statements are covered by the audit
B) gives the auditor's opinion regarding the fairness of the financial statements
C) summarizes what the auditor did
D) states that the financial statements were presented on time

Question

Quizplus · Accepted Answer

The independent auditor's report gives the auditor's opinion regarding the fairness of the financial statements. Choices A, C, and D describe other components that may be included in the independent auditor's report, but they do not give the auditor's opinion on the fairness of the financial statements.

The Independent Auditor's Report