which of the following in not related to standards of reporting Select one: a. The report shall identify those circumstances in which such principles have not been consistently observed in the current period in relation to the preceding period b. The report shall state whether the financial statements are presented in accordance with generally accepted accounting principles c. The report shall contain either an expression of opinion regarding the financial statements, taken as a whole, or an assertion to the effect that an opinion cannot be expressed d. A sufficient understanding of internal control is to be obtained to plan the audit and to determine the nature, timing, and extent of tests to be performed. e. All Of the above are standards of reporting
which of the following in not related to standards of reporting Select one: a. The report shall identify those circumstances in which such principles have not been consistently observed in the current period in relation to the preceding period b. The report shall state whether the financial statements are presented in accordance with generally accepted accounting principles c. The report shall contain either an expression of opinion regarding the financial statements, taken as a whole, or an assertion to the effect that an opinion cannot be expressed d. A sufficient understanding of internal control is to be obtained to plan the audit and to determine the nature, timing, and extent of tests to be performed. e. All Of the above are standards of reporting
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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which of the following in not related to standards of reporting
Select one:
a. The report shall identify those circumstances in which such principles have not been consistently observed in the current period in relation to the preceding period
b. The report shall state whether the financial statements are presented in accordance with generally accepted accounting principles
c. The report shall contain either an expression of opinion regarding the financial statements, taken as a whole, or an assertion to the effect that an opinion cannot be expressed
d. A sufficient understanding of internal control is to be obtained to plan the audit and to determine the nature, timing, and extent of tests to be performed.
e. All Of the above are standards of reporting
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