1. (LO 1) All of the following phrases would be found in the stan- dard unmodified audit report for a private company except: a. in our opinion, the financial statements referred to above are correct, in all material respects. b. management is responsible for the preparation and fair pre- sentation of the financial statements. c. standards require that we plan and perform the audit to ob- tain reasonable assurance. d. we believe the audit evidence we have obtained is sufficient and appropriate.