Auditors can only provide reasonable assurance that the financial statements are presented fairly because: a. Sampling techniques

Question:

Auditors can only provide reasonable assurance that the financial statements are presented fairly because:

a. Sampling techniques are used to gather evidence.

b. Some items in the financial statements are subjective.

c. An audit must be completed in a reasonable amount of time.

d. All of these answer choices are correct.

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...

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