Does an auditor make the following representations explicitly or implicitly when issuing the standard auditor's report on comparative financial statements?

Question

Quizplus · Accepted Answer

Choice "C" is correct. Implicitly - Explicitly. When issuing the standard auditor's report on comparative FS, an auditor implicitly represents consistent application of GAAP, but explicitly states, "An audit includes examining, on a test basis, evidence supporting . . ." (Again, it is essential that you memorize the "auditor's standard report.") Choices "A", "B", and "D" are incorrect, based on the above Explanation.

Does an Auditor Make the Following Representations Explicitly or Implicitly