An Auditor Does Not Express an Opinion on the Fairness

question 64

True/False

An auditor does not express an opinion on the fairness of the financial statements when issuing a standard compilation report.

---

Definitions:

Structural Strain Theory

A sociological theory proposed by Robert K. Merton that explains deviance as the result of a discrepancy between socially approved goals and the available means to achieve those goals.

Socially Approved Goals

Objectives and aspirations that are widely accepted and valued by a society or social group.

Deviance

Behaviors or actions that violate societal norms or expectations, potentially resulting in societal judgement or sanctions.

Robert Merton's Typology

A framework developed by sociologist Robert Merton to categorize human responses to cultural goals and the means of achieving them.