An Auditor's Opinion Is Not

question 83

Multiple Choice

An auditor's opinion is not

• A)a report describing the auditor's examination of transactions and financial statements.
• B)included in the financial statements in the annual report issued by the corporation.
• C)another name for independent opinion.
• D)certified by the Securities Exchange Commission.
• E)a third party review.

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Definitions:

Positional Tolerance

A geometric dimensioning and tolerancing (GD&T) concept that specifies the allowable variation in the position of a feature relative to its ideal position.

Tolerance Zone

The permissible limit or limits of variation in a physical dimension or property.

Bilateral Tolerances

Tolerances that allow variation both above and below the specified dimension.

Unilateral Tolerances

Tolerances that allow variation in only one direction (either positive or negative) from the specified dimension.