Remaining Time: 15 minutes, 53 seconds. Question Completion Status: Moving to the next question prevents changes to this answer. Question 1 Question 1 of 10 0.5 points SaveAnswer Which of the following is considered incorrect regarding the external auditor's responsibility when auditing the company's financial statements? Ensuring that the financial statements are prepared by the firm according to the applicable accounting standards (IFRS or GAAP) Ensuring that the financial statements are clear, complete, and reflect the financial position of the firm providing an absolute assurance that the financial statements are free of material misstatements Ensuring that the financial statements are correct, contains facts, and free of any material misstatements (either by error or fraud) Moving to the next question prevents changes to this answer. Question 1 of 10