SlideShare une entreprise Scribd logo
1  sur  1
The independent auditor's report does which of the following?
a. Describes which financial statements are covered by the audit
b. Summarizes what the auditor did
c. Gives the auditor's opinion regarding the fairness of the financial statements
d. States that the financial statements were presented on time
Solution
Auditor issue report to express his opinion on the true and fair view of financial statements.
Whether the financial statements are presented as per the GAAP or not. Thus, the correct option
is Option C, Gives the auditor's opinion regarding the fairness of the financial statements.

Contenu connexe

Plus de ellenj4

The following information pertains to Naomi Campbell Company as of Dec.docx
The following information pertains to Naomi Campbell Company as of Dec.docxThe following information pertains to Naomi Campbell Company as of Dec.docx
The following information pertains to Naomi Campbell Company as of Dec.docx
ellenj4
 
The G Banking Group recently reported that it was offshoring (moving).docx
The G Banking Group recently reported that it was offshoring (moving).docxThe G Banking Group recently reported that it was offshoring (moving).docx
The G Banking Group recently reported that it was offshoring (moving).docx
ellenj4
 
Please answer question b In normal mitochondria the rate of electron t.docx
Please answer question b In normal mitochondria the rate of electron t.docxPlease answer question b In normal mitochondria the rate of electron t.docx
Please answer question b In normal mitochondria the rate of electron t.docx
ellenj4
 
Please answer in complete sentences What are the major reasons for acc.docx
Please answer in complete sentences What are the major reasons for acc.docxPlease answer in complete sentences What are the major reasons for acc.docx
Please answer in complete sentences What are the major reasons for acc.docx
ellenj4
 
PLEASE answer carefully as this question will come to my test so dont.docx
PLEASE answer carefully as this question will come to my test so dont.docxPLEASE answer carefully as this question will come to my test so dont.docx
PLEASE answer carefully as this question will come to my test so dont.docx
ellenj4
 
PKI Concepts- What are the core components of a PKI- Briefly describe.docx
PKI Concepts- What are the core components of a PKI- Briefly describe.docxPKI Concepts- What are the core components of a PKI- Briefly describe.docx
PKI Concepts- What are the core components of a PKI- Briefly describe.docx
ellenj4
 

Plus de ellenj4 (19)

The following table contains national income accounting data for a hyp.docx
The following table contains national income accounting data for a hyp.docxThe following table contains national income accounting data for a hyp.docx
The following table contains national income accounting data for a hyp.docx
 
The following items are taken from the financial statements of the Pos.docx
The following items are taken from the financial statements of the Pos.docxThe following items are taken from the financial statements of the Pos.docx
The following items are taken from the financial statements of the Pos.docx
 
The following program has already been written to populate its data ar.docx
The following program has already been written to populate its data ar.docxThe following program has already been written to populate its data ar.docx
The following program has already been written to populate its data ar.docx
 
The German philosopher Immanuel Kant condemned Utilitarianism as an im.docx
The German philosopher Immanuel Kant condemned Utilitarianism as an im.docxThe German philosopher Immanuel Kant condemned Utilitarianism as an im.docx
The German philosopher Immanuel Kant condemned Utilitarianism as an im.docx
 
The graph of temperature versus molar mass is given for the hydrides o.docx
The graph of temperature versus molar mass is given for the hydrides o.docxThe graph of temperature versus molar mass is given for the hydrides o.docx
The graph of temperature versus molar mass is given for the hydrides o.docx
 
The general role of financial intermediaries is to- A-Provide advice t (1).docx
The general role of financial intermediaries is to- A-Provide advice t (1).docxThe general role of financial intermediaries is to- A-Provide advice t (1).docx
The general role of financial intermediaries is to- A-Provide advice t (1).docx
 
The general role of financial intermediaries is to- A-Provide advice t.docx
The general role of financial intermediaries is to- A-Provide advice t.docxThe general role of financial intermediaries is to- A-Provide advice t.docx
The general role of financial intermediaries is to- A-Provide advice t.docx
 
The functional group RCO2R-' is characteristic of a(n) ____- 1) 2) 3).docx
The functional group RCO2R-' is characteristic of a(n) ____- 1) 2) 3).docxThe functional group RCO2R-' is characteristic of a(n) ____- 1) 2) 3).docx
The functional group RCO2R-' is characteristic of a(n) ____- 1) 2) 3).docx
 
The following information pertains to Naomi Campbell Company as of Dec.docx
The following information pertains to Naomi Campbell Company as of Dec.docxThe following information pertains to Naomi Campbell Company as of Dec.docx
The following information pertains to Naomi Campbell Company as of Dec.docx
 
The G Banking Group recently reported that it was offshoring (moving).docx
The G Banking Group recently reported that it was offshoring (moving).docxThe G Banking Group recently reported that it was offshoring (moving).docx
The G Banking Group recently reported that it was offshoring (moving).docx
 
Please do not answer if you-'re unsure of the answer- Thanks!.docx
Please do not answer if you-'re unsure of the answer- Thanks!.docxPlease do not answer if you-'re unsure of the answer- Thanks!.docx
Please do not answer if you-'re unsure of the answer- Thanks!.docx
 
Please describe the process of the Implementation of Role-based access.docx
Please describe the process of the Implementation of Role-based access.docxPlease describe the process of the Implementation of Role-based access.docx
Please describe the process of the Implementation of Role-based access.docx
 
please define and describe the following- web server- application serv.docx
please define and describe the following- web server- application serv.docxplease define and describe the following- web server- application serv.docx
please define and describe the following- web server- application serv.docx
 
Please assist- Done perfectly- Portland uses sodium hydroxide (NaOH).docx
Please assist- Done perfectly-  Portland uses sodium hydroxide (NaOH).docxPlease assist- Done perfectly-  Portland uses sodium hydroxide (NaOH).docx
Please assist- Done perfectly- Portland uses sodium hydroxide (NaOH).docx
 
Please answer question b In normal mitochondria the rate of electron t.docx
Please answer question b In normal mitochondria the rate of electron t.docxPlease answer question b In normal mitochondria the rate of electron t.docx
Please answer question b In normal mitochondria the rate of electron t.docx
 
Please answer in complete sentences What are the major reasons for acc.docx
Please answer in complete sentences What are the major reasons for acc.docxPlease answer in complete sentences What are the major reasons for acc.docx
Please answer in complete sentences What are the major reasons for acc.docx
 
PLEASE answer carefully as this question will come to my test so dont.docx
PLEASE answer carefully as this question will come to my test so dont.docxPLEASE answer carefully as this question will come to my test so dont.docx
PLEASE answer carefully as this question will come to my test so dont.docx
 
PKI Concepts- What are the core components of a PKI- Briefly describe.docx
PKI Concepts- What are the core components of a PKI- Briefly describe.docxPKI Concepts- What are the core components of a PKI- Briefly describe.docx
PKI Concepts- What are the core components of a PKI- Briefly describe.docx
 
Pioneering work in science can be dangerous- Give examples of scientif.docx
Pioneering work in science can be dangerous- Give examples of scientif.docxPioneering work in science can be dangerous- Give examples of scientif.docx
Pioneering work in science can be dangerous- Give examples of scientif.docx
 

Dernier

Russian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in Delhi
Russian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in DelhiRussian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in Delhi
Russian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in Delhi
kauryashika82
 
Seal of Good Local Governance (SGLG) 2024Final.pptx
Seal of Good Local Governance (SGLG) 2024Final.pptxSeal of Good Local Governance (SGLG) 2024Final.pptx
Seal of Good Local Governance (SGLG) 2024Final.pptx
negromaestrong
 
Making and Justifying Mathematical Decisions.pdf
Making and Justifying Mathematical Decisions.pdfMaking and Justifying Mathematical Decisions.pdf
Making and Justifying Mathematical Decisions.pdf
Chris Hunter
 
Activity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdfActivity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdf
ciinovamais
 
Beyond the EU: DORA and NIS 2 Directive's Global Impact
Beyond the EU: DORA and NIS 2 Directive's Global ImpactBeyond the EU: DORA and NIS 2 Directive's Global Impact
Beyond the EU: DORA and NIS 2 Directive's Global Impact
PECB
 

Dernier (20)

Introduction to Nonprofit Accounting: The Basics
Introduction to Nonprofit Accounting: The BasicsIntroduction to Nonprofit Accounting: The Basics
Introduction to Nonprofit Accounting: The Basics
 
ICT Role in 21st Century Education & its Challenges.pptx
ICT Role in 21st Century Education & its Challenges.pptxICT Role in 21st Century Education & its Challenges.pptx
ICT Role in 21st Century Education & its Challenges.pptx
 
Holdier Curriculum Vitae (April 2024).pdf
Holdier Curriculum Vitae (April 2024).pdfHoldier Curriculum Vitae (April 2024).pdf
Holdier Curriculum Vitae (April 2024).pdf
 
Basic Civil Engineering first year Notes- Chapter 4 Building.pptx
Basic Civil Engineering first year Notes- Chapter 4 Building.pptxBasic Civil Engineering first year Notes- Chapter 4 Building.pptx
Basic Civil Engineering first year Notes- Chapter 4 Building.pptx
 
Unit-IV- Pharma. Marketing Channels.pptx
Unit-IV- Pharma. Marketing Channels.pptxUnit-IV- Pharma. Marketing Channels.pptx
Unit-IV- Pharma. Marketing Channels.pptx
 
Russian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in Delhi
Russian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in DelhiRussian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in Delhi
Russian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in Delhi
 
Seal of Good Local Governance (SGLG) 2024Final.pptx
Seal of Good Local Governance (SGLG) 2024Final.pptxSeal of Good Local Governance (SGLG) 2024Final.pptx
Seal of Good Local Governance (SGLG) 2024Final.pptx
 
microwave assisted reaction. General introduction
microwave assisted reaction. General introductionmicrowave assisted reaction. General introduction
microwave assisted reaction. General introduction
 
Unit-IV; Professional Sales Representative (PSR).pptx
Unit-IV; Professional Sales Representative (PSR).pptxUnit-IV; Professional Sales Representative (PSR).pptx
Unit-IV; Professional Sales Representative (PSR).pptx
 
Grant Readiness 101 TechSoup and Remy Consulting
Grant Readiness 101 TechSoup and Remy ConsultingGrant Readiness 101 TechSoup and Remy Consulting
Grant Readiness 101 TechSoup and Remy Consulting
 
Making and Justifying Mathematical Decisions.pdf
Making and Justifying Mathematical Decisions.pdfMaking and Justifying Mathematical Decisions.pdf
Making and Justifying Mathematical Decisions.pdf
 
psychiatric nursing HISTORY COLLECTION .docx
psychiatric  nursing HISTORY  COLLECTION  .docxpsychiatric  nursing HISTORY  COLLECTION  .docx
psychiatric nursing HISTORY COLLECTION .docx
 
Activity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdfActivity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdf
 
On National Teacher Day, meet the 2024-25 Kenan Fellows
On National Teacher Day, meet the 2024-25 Kenan FellowsOn National Teacher Day, meet the 2024-25 Kenan Fellows
On National Teacher Day, meet the 2024-25 Kenan Fellows
 
TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...
TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...
TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...
 
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
 
Advanced Views - Calendar View in Odoo 17
Advanced Views - Calendar View in Odoo 17Advanced Views - Calendar View in Odoo 17
Advanced Views - Calendar View in Odoo 17
 
Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...
Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...
Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...
 
Beyond the EU: DORA and NIS 2 Directive's Global Impact
Beyond the EU: DORA and NIS 2 Directive's Global ImpactBeyond the EU: DORA and NIS 2 Directive's Global Impact
Beyond the EU: DORA and NIS 2 Directive's Global Impact
 
Micro-Scholarship, What it is, How can it help me.pdf
Micro-Scholarship, What it is, How can it help me.pdfMicro-Scholarship, What it is, How can it help me.pdf
Micro-Scholarship, What it is, How can it help me.pdf
 

The independent auditor-'s report does which of the following-.docx

  • 1. The independent auditor's report does which of the following? a. Describes which financial statements are covered by the audit b. Summarizes what the auditor did c. Gives the auditor's opinion regarding the fairness of the financial statements d. States that the financial statements were presented on time Solution Auditor issue report to express his opinion on the true and fair view of financial statements. Whether the financial statements are presented as per the GAAP or not. Thus, the correct option is Option C, Gives the auditor's opinion regarding the fairness of the financial statements.