Which of the Following Is Not Included in an Audit

question 17

Multiple Choice

Which of the following is not included in an audit report?

• A)An audit opinion on whether or not the financial statements are 'true and fair.'
• B)Identification of the financial reports audited.
• C)A statement on the sustainable strategies of the reporting entity.
• D)A statement that the financial reports were prepared in accordance with accounting standards.

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Definitions:

Humility

The quality of having a modest or low view of one's importance, often leading to a respectful and considerate behavior towards others.

Scientific Attitude

A mindset characterized by curiosity, skepticism, and humility, alongside the methodical pursuit of knowledge.

Optimistic Outlook

The tendency to maintain a positive attitude and expect good outcomes even in face of difficulties.

Empirical Approach

A method of inquiry that relies on direct and indirect observation or experience, as well as empirical evidence, to gain knowledge, often used in scientific research to test hypotheses and theories.