Question: It is impossible for an auditor to guarantee that a companys financial statements are free of all error because the cost to the company to

It is impossible for an auditor to “guarantee” that a company’s are free of all error because the cost to the company to achieve absolute accuracy (even if that were possible) and the cost of the auditor’s verification would be prohibitively expensive. How does the auditors’ opinion recognize this absence of absolute accuracy?

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