Problem

The opinion paragraph of the auditors’ report includes a statement thatA. The financial st...

The opinion paragraph of the auditors’ report includes a statement that

A. The financial statements are the responsibility of management.

B. The audit was conducted in accordance with generally accepted auditing standards.

C. The audit provides a reasonable basis for an opinion.

D. The financial statements are presented in conformity with a financial reporting framework such as generally accepted accounting principles.

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