The Standard (Unmodified)report Issued in the Audit of a Nonpublic

question 13

Multiple Choice

The standard (unmodified) report issued in the audit of a nonpublic entity includes a(n)

• A)Management's responsibility section providing a general description of an audit conducted in accordance with the applicable auditing standards.
• B)Introductory paragraph identifying the responsibility of management and auditors in the financial reporting process.
• C)Internal control paragraph indicating the effectiveness of the entity's internal control over financial reporting.
• D)Opinion paragraph providing the auditors' conclusion as to the fair presentation of the financial statements.

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