State Whether Each of These Statements Are True or False

question 9

Short Answer

State whether each of these statements are true or false
a. Auditors have no responsibility for validating comparative figures providing the audit report for the previous financial period has not been modified
b. Auditors must check that the opening balances have been brought forward correctly into the new accounting period
c. Where the financial statements for the previous accounting period were audited by another firm the incoming auditors must get confirmation from the outgoing auditors that their auditor's report is unchanged

---

Definitions:

Inference Forms

Patterns of reasoning where the conclusion logically follows from the premises.

MP

An abbreviation often used for "Modus Ponens," a form of argument in logic where from "If P then Q" and "P" one concludes "Q."

Inference Forms

Patterns of reasoning where a conclusion is drawn from premises based on logical principles.

Inference Forms

Patterns or structures of reasoning through which conclusions are drawn from premises based on logical principles.