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The Audit Opinion States Whether the Financial Statements Have Been

Question 30

Multiple Choice

The audit opinion states whether the financial statements have been prepared in accordance with an applicable financial reporting framework.In other words,the opinion states whether


A) the company has followed the accounting standards in supporting the audit
B) the audit was conducted in accordance with Generally Accepted Accounting Principles
C) the auditing standards required management to prepare the financial statements and to maintain a system of internal controls relevant to the financial statements
D) the audit committee provided the auditor with all the information relevant to the preparation of the financial statements and unrestricted access to those in the company from whom the auditor may need additional evidence

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