Which of the Following Best Describes the Conclusions an Auditor

question 13

Multiple Choice

Which of the following best describes the conclusions an auditor makes in an integrated audit that results in an audit report that is unqualified?

• A) The financial statements are fair according to GAAP.
• B) The financial statements are free of material misstatement based on U.S. GAAP and management's report on internal control over financial reporting states that there are no material weaknesses.
• C) The financial statements and internal control over financial reporting are materially correct.
• D) The financial statements are free of material misstatement based on U.S. GAAP and based on the audit, the auditor agrees with management's report that internal control over financial reporting is effective and does not have any material weaknesses.

---

Definitions:

Depression Rates

Depression rates refer to the prevalence or incidence of depression symptoms or diagnoses within a given population during a specified time period.

Chinese Youth

Refers to the younger population in China, often discussed in the context of their social development, education, and cultural identity within the rapidly changing socio-economic dynamics of the country.

Divorce Rates

The statistical measure of the number of divorces occurring among the population within a given time frame.