Which of the Following Representations Does an Auditor Make Explicitly

question 63

Multiple Choice

Which of the following representations does an auditor make explicitly and which implicitly when issuing an unmodified (unqualified) opinion on public company financial statements? $\begin{array} {c} &\text{Conformity with} & \text{Adequacy} \\&\text{PCAOB Standards} & \text{of disclosure}\\\text { A) } & \text { Explicitly } & \text { Explicitly } \\ \text { B) } & \text { Implicitly } & \text { Implicitly } \\ \text { C) } & \text { Implicitly } & \text { Explicitly } \\ \text { D) } & \text { Explicitly } & \text { Implicitly } \end{array}$

• A)Option A
• B)Option B
• C)Option C
• D)Option D

---

Definitions:

Network Structure

is an organizational model characterized by less hierarchical and more flexibly interconnected groups or division.

Information Technology

The use of computers, networks, and other physical devices to store, process, and exchange data.

Outside Suppliers

External organizations or individuals that provide goods or services to a company, often part of the supply chain or procurement process.

Essential Core Functions

Fundamental activities or duties that are necessary for an organization or system to operate effectively and achieve its objectives.