Before expressing an audit opinion on financial statements, an auditor should obtain what level of assurance about fair presentation? O Reasonable assurance. O Limited assurance. O Negative assurance. Absolute assurance.
Before expressing an audit opinion on financial statements, an auditor should obtain what level of assurance about fair presentation? O Reasonable assurance. O Limited assurance. O Negative assurance. Absolute assurance.
Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter15: Audit Reports For Financial Statement Audits
Section: Chapter Questions
Problem 1CYBK
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![Before expressing an audit opinion on financial statements, an auditor should obtain what level of assurance about fair
presentation?
Reasonable assurance.
O Limited assurance.
O Negative assurance.
O Absolute assurance.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F752e01b5-620e-408e-aabe-0f0b24f4a2d0%2F07117d71-a2c8-4ba0-a40f-e46d3d77965c%2Fyjosu9n_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Before expressing an audit opinion on financial statements, an auditor should obtain what level of assurance about fair
presentation?
Reasonable assurance.
O Limited assurance.
O Negative assurance.
O Absolute assurance.
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