When an Audit Is Complete,an Accountant Usually Issues A[n] _______________

question 20

Multiple Choice

When an audit is complete,an accountant usually issues a[n] _______________ letter stating his or her assessment of the company that was audited.

• A) Opinion
• B) Auditing
• C) Accounting
• D) Disclaimer
• E) Responsive

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Definitions:

Par Common Stock

The nominal or face value of a share of common stock as stated in the corporate charter, with no direct link to the market value.

Articles Of Incorporation

Legal documents filed with a governmental body to legally document the creation of a corporation.

Shares

Portions of ownership in a corporation.

Date Of Record

A specific date set by a company on which the shareholders of record are entitled to receive a dividend or other distribution.