Which of the Following Statements Is Not True

question 77

Multiple Choice

Which of the following statements is not true?

• A)A qualified opinion or an adverse opinion may bring into question the reliability of the financial statements.
• B)A disclaimer of opinion indicates that one should not look to the auditor's report as an indication of the reliability of the statements.
• C)In some cases,outside accountants are associated with financial statements when they have performed less than an audit.
• D)A review is substantially less in scope than an examination in accordance with generally accepted auditing statements.
• E)The accountant's report expresses an opinion on reviewed financial statements.