An investor found the following in an annual report: "The financial statements, in our opinion, present fairly the financial position, operating results, and cash flows, in conformity with accounting principles generally accepted in the United States." In which section of the annual report did the investor find this?
A) Balance Sheet
B) Notes to the Financial Statements
C) Management's Discussion and Analysis
D) Report of the Independent Accountants

Question

Quizplus · Accepted Answer

The statement is known as the "Report of the Independent Accountants" and can be found in the auditor's report section of the annual report.

An Investor Found the Following in an Annual Report: "The