Whenever an Auditor Issues an Audit Report for a Public

question 88

Multiple Choice

Whenever an auditor issues an audit report for a public company, the auditor can choose to issue a report in which of the following forms?
I.A combined report on financial statements and internal control over financial reporting
II.Separate reports on financial statements and internal control over financial reporting

• A)I only
• B)II only
• C)Either I or II.
• D)Neither I nor II.

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Definitions:

Proofreading

The process of reading and marking corrections in a text to ensure accuracy in grammar, punctuation, spelling, and formatting.

Typographical Errors

Mistakes made in the typing process, including incorrect letters, words, or spacing, usually occurring in written text.

Formatting Errors

Mistakes made in the arrangement or structure of a document, potentially affecting its readability or interpretation.

Editing

Checking the draft to see that it satisfies the requirements of good English and the principles of business writing. Unlike revision, which can produce major changes in meaning, editing focuses on the surface of writing.