After the Auditor Has Completed All the Procedures, It Is

question 16

Multiple Choice

After the auditor has completed all the procedures, it is necessary to combine the information obtained to reach an overall conclusion as to whether the financial statements are fairly presented.This is a highly subjective process that relies heavily on:

• A) the auditor's professional judgement.
• B) generally accepted accounting principles.
• C) the Code of Ethics for Professional Accountants.
• D) generally accepted auditing standards.