The existence of audit risk is recognized by the statement in the auditor’s standard report that the:

By: Answerout


Here is the solution for The existence of audit risk is recognized by the statement in the auditor’s standard report that the:. The solution is given after the options.

The existence of audit risk is recognized by the statement in the auditor’s standard report that the:

Auditor is responsible for expressing an opinion on the financial statements, which are the responsibility of management.

Financial statements are presented fairly, in all material respects, in conformity with GAAP.

Audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements.

Auditor obtains reasonable assurance about whether the financial statements are free of material misstatement.

Correct Answer

Auditor obtains reasonable assurance about whether the financial statements are free of material misstatement.

Explanation:

Auditor obtains reasonable assurance about whether the financial statements are free of material misstatement. is the answer for The existence of audit risk is recognized by the statement in the auditor’s standard report that the:

Conclusion:

are provided by Answerout to teach the newcomers in the Digital Marketing Industry. The answers provided are 100% correct and are solved by Professionals. We don’t and never have recommended using these answers as a cheat sheet. We keep updating our answers as the Exam Change. You can also send us an Email or Comment to notify us of any support or Changes.

comments
leave comment