Which Auditing Standard Requires an Expression of an Opinion About

question 48

Multiple Choice

Which auditing standard requires an expression of an opinion about the overall financial report?

• A) ASA 700
• B) ASA 705
• C) both A and B
• D) none of the above

---

Definitions:

Glucocorticoid

A type of steroid hormone that is involved in regulating glucose metabolism, reducing inflammation, and controlling immune responses.

Anti-inflammatory Effects

The actions or effects that reduce inflammation or swelling in the body, often related to medications or natural substances.

Steroid Substance

A type of organic compound that includes many hormones, alkaloids, and vitamins.

Traction

A treatment method where a pulling force is applied to parts of the body to align and immobilize a segment, often used for fractures and orthopedic corrections.