Which of the Following Statements Is Correct with Respect to an Audit

question 39

Multiple Choice

Which of the following statements is correct with respect to an audit report issued for financial statements to be used primarily outside of the United States?

• A)The report should follow the U.S.format,modified as appropriate.
• B)The report should follow the format of the other country.
• C)The report may follow either the U.S.format,modified as appropriate,or may follow the format of the other country.
• D)The report should follow the attestation examination report format.

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Definitions:

First Serve

A tennis term referring to the initial strike of the ball to start play in each point.

Probability

Refers to the measure of the chance that a specific event will occur, quantified as a number between 0 and 1, where 1 indicates certainty.

Tennis Player

An athlete who plays tennis, either professionally or as an amateur.

Dissatisfied

The feeling of not being content or pleased with an outcome, service, or product.