When Auditing an Entity's Financial Statements in Accordance with Government

question 448

Multiple Choice

When auditing an entity's financial statements in accordance with Government Auditing Standards, an auditor should prepare a written report on the auditor's:

• A) Identification of the causes of performance problems and recommendations for actions to improve operations.
• B) Understanding of internal control and assessment of control risk.
• C) Field work and procedures that substantiated the auditor's specific findings and conclusions.
• D) Opinion on the entity's attainment of the goals and objectives specified by applicable laws and regulations.