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* Question Completion Status: 21 23 2 3 4 5 6 8 9 10 11 12 13 14 15 16 17 18 19 20 .> Moving to another question will save this response. Question 7 The limitations of an audit are NOT caused by O the nature of financial reporting. O the nature of audit procedures. O the need for the audit to be conducted within a reasonable period of time at a reasonable cost. O a guarantee that the financial statements are free from error. > Moving to another question will save this response.Question Completion Status: 3 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 Moving to another question will save this response. Question 8 Public companies, or issuers, in the U.S. are O required by the federal government to have quarterly financial statement audits O required by the federal government to have annual financial statement audits O required by the federal government to have semi-annual financial statement audits O not required by the federal government to have financial statement audits A Moving to another question will save this response.* Question Completion Status: 5 9. 10 12 13 14 15 16 18 19 20 21 22 23 Ludy Moving to another question will save this response. Question 9 Why are financial statement users interested in the statement of cash flows? O It is the easiest financial statement to evaluate. O It provides information about an important company resource. O It is the first statement that is presented to users, It helps users decide whether assets such as office equipment should be replaced. Moving to another question will save this response