Which of the Following Is Not True Regarding the Purpose

question 30

Multiple Choice

Which of the following is not true regarding the purpose of an audit performed on a set of financial statements in accordance with generally accepted auditing standards?

• A) to provide users of the financial statements with an opinion on the financial statements
• B) to provide users of the financial statements with absolute assurance that the financial statements contain no errors in them
• C) to provide financial statement users with an opinion on whether the financial statements are presented fairly or not
• D) to provide financial statement users with an opinion in accordance with the applicable financial reporting framework

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Definitions:

Actinopods

Protists characterized by axopods that protrude through pores in their shells. See rhizarians.

Amoebozoa

A group of amoeboid protozoa that move and ingest food with pseudopodia, comprising various free-living and parasitic species.

Plasmodial Slime Molds

Eukaryotic organisms that exist as a single mass of cytoplasm without cell walls during part of their life cycle, feeding on microorganisms in decaying plant material.

Opisthokont

A classification category that includes both fungi and animals, characterized by posterior flagella on swimming cells.