Our audit opinion states the financial statements are presented fairly. What does "fairly" mean? Free of consequential error or fraud. Free of major inaccuracies. Free of material misstatement. Free of significant mistakes.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Our audit opinion states the financial statements are presented fairly. What does
"fairly" mean?
Free of consequential error or fraud.
Free of major inaccuracies.
Free of material misstatement.
Free of significant mistakes.
Transcribed Image Text:Our audit opinion states the financial statements are presented fairly. What does "fairly" mean? Free of consequential error or fraud. Free of major inaccuracies. Free of material misstatement. Free of significant mistakes.
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