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:

Conversion Formula

A mathematical formula used to convert measurements from one unit to another.

Miles

A unit of distance measuring 5,280 feet or approximately 1.609 kilometers.

Kilometers

A unit of length in the metric system equal to 1,000 meters.

Registered Nurse

A healthcare professional who is licensed to provide a wide range of care to patients, including administering medications, monitoring patient health, and providing education and support.