The reporting standards require that the auditor explicitly report on whether the financial statements ________.
A)contain adequate disclosure of all material matters
B)are in accordance with GAAP
C)used principles that are appropriate for the circumstances
D)were prepared on a consistent basis with the comparative year

Question

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The auditor's report must explicitly state whether the financial statements are presented in accordance with Generally Accepted Accounting Principles (GAAP).

The Reporting Standards Require That the Auditor Explicitly Report on Whether