In Which Section of the Standard Audit Report Does the Auditor

question 36

Multiple Choice

In which section of the standard audit report does the auditor inform financial statement users that certain information, such as combining statements or budgetary comparison schedules may not have been subject to the comprehensive audit procedures?

• A) Auditor's Opinion section.
• B) Other Matters section.
• C) Other Information section
• D) Auditor's Responsibility section.

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Definitions:

Acquisition

The purchase of one company by another, usually by buying its stock.