A "Dual Opinion" Audit Is One Where

question 23

Multiple Choice

A "dual opinion" audit is one where

• A) The auditors render an opinion on the primary government and any component units.
• B) The auditors render an opinion on both the basic financial statements and the combining and individual fund financial statements.
• C) The auditors render an opinion on both the financial and statistical sections of the CAFR.
• D) The auditors render an opinion on the primary government, component units, and the CAFR as a whole.

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Definitions:

Nicholas Spanos

A psychologist known for his work on hypnosis, suggesting that hypnotic phenomena are the result of social and cognitive factors rather than altered states of consciousness.

Hypnosis

A trance-like state of focused attention and increased suggestibility, often used for therapeutic purposes.

Theta Waves

Brainwave patterns associated with stages of sleep and meditation, typically indicating deep relaxation or the early stages of sleep.

Stage 1 Sleep

the initial phase of the sleep cycle, characterized by light sleep, where individuals can be easily awakened.