Consider the following comments regarding the position of auditors of limited companies. (i) The audit opinion applies
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Consider the following comments regarding the position of auditors of limited companies.
(i) The audit opinion applies to all parts of the annual report.
(ii) Auditors have a responsibility to detect all errors in the annual report.
(iii) The government appoints the auditors of public limited companies.
Which of the above statements is/are correct?
(a) None of the above
(b) All of the above
(c) (i) and (ii)
(d) (iii) only
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