Which statement regarding comparative statements is true? a. Different opinions on different statements is allowed by the PCAOB, but not the AICPA. b. If a continuing auditor changes the opinion on prior statements, the current report should include the date and type of the previous opinion. c. If a predecessor re-issues an opinion on the prior statements, the predecessor should obtain a letter of representation from both the company's management and Those Charged with Governance. d. Before re-issuing a report, the predecessor should update the date of the prior opinion to the date of the current auditor's report. e. The successor CPA should obtain a letter of representations from both the predecessor CPA and Those Charged with Governance before issuing the opinion on the current financial statements.
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Which statement regarding comparative statements is true?
a. Different opinions on different statements is allowed by the PCAOB, but not the AICPA.
b. If a continuing auditor changes the opinion on prior statements, the current report should include the date and type of the previous opinion.
c. If a predecessor re-issues an opinion on the prior statements, the predecessor should obtain a letter of representation from both the company's management and Those Charged with Governance.
d. Before re-issuing a report, the predecessor should update the date of the prior opinion to the date of the current auditor's report.
e. The successor CPA should obtain a letter of representations from both the predecessor CPA and Those Charged with Governance before issuing the opinion on the current financial statements.
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