An Auditor's Report on Financial Statements Prepared in Accordance with Another

question 47

Multiple Choice

An auditor's report on financial statements prepared in accordance with another comprehensive basis of accounting should include all of the following, except:

• A) An opinion as to whether the basis of accounting used is appropriate under the circumstances.
• B) An opinion as to whether the financial statements are presented fairly in conformity with the other comprehensive basis of accounting.
• C) Reference to the note to the financial statements that describes the basis of presentation.
• D) A statement that the basis of presentation is a comprehensive basis of accounting other than generally accepted accounting principles.

---

Definitions:

Feasibility Report

A document that assesses the practicality and potential success of a proposed project or solution.

Functional Patterns

Repeated behaviors or practices that serve a specific purpose or function within a larger system or context.

Physical Arrangement

The organization and layout of physical spaces or objects.

Justification Reports

Documents that provide reasons and evidence to support particular actions or decisions.