Problem

When auditors report on a financial audit engagement in accordance with generally accepted...

When auditors report on a financial audit engagement in accordance with generally accepted government auditing standards (GAGAS), the basic report(s) include a

A. Disclaimer of opinion on financial statements, report on internal control, and report on compliance audit regarding laws and regulations.

B. Report (opinion) on financial statements, report on internal control, and report on compliance audit regarding laws and regulations.

C. Report on internal control and report(s) on efficiency and effectiveness of operations.

D. Report on compliance regarding laws and regulations and report(s) on achievement of program goal(s).

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