In the standard audit report, the auditor's opinion on fairness pertains:
A) only to the complete set of financial statements.
B) to individual accounts.
C) to each financial statement taken as a whole.
D) to major components of each financial statement.
E) only to material aspects of each financial statement.

Question

Quizplus · Accepted Answer

The auditor's opinion on fairness pertains to each financial statement taken as a whole, ensuring that they are presented fairly in all material respects.

In the Standard Audit Report, the Auditor's Opinion on Fairness