Which of the Following Statements Is Correct with Respect to an Audit

question 39

Multiple Choice

Which of the following statements is correct with respect to an audit report issued for financial statements to be used primarily outside of the United States?

• A)The report should follow the U.S.format,modified as appropriate.
• B)The report should follow the format of the other country.
• C)The report may follow either the U.S.format,modified as appropriate,or may follow the format of the other country.
• D)The report should follow the attestation examination report format.

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Definitions:

Sales Message

A communication designed to persuade a potential buyer to purchase a product or service.

Readers

Individuals who engage in the act of reading text in order to comprehend, interpret, or enjoy content.

Unsolicited Proposal

A proposal submitted to an organization or individual without their request, offering solutions or services that the proposer believes could be beneficial.

Indirect Method

The indirect method refers to a technique or strategy where goals are achieved or messages conveyed through suggestive or roundabout tactics, similar to an indirect approach but with a focus on the means rather than the direction.