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Select the necessary words from the list of possibilities to complete the following statements. Statements 1. A(n) opinion is an opinion that the financial statements

image text in transcribed Select the necessary words from the list of possibilities to complete the following statements. Statements 1. A(n) opinion is an opinion that the financial statements of a public company fairly present financial position, results of operations, and cash flows, in conformity with generally accepted accounting principles. 2. Audit reports issued under GAAS ordinarily are signed with the name of the 3. The auditor's responsibility relating to a GAAS audit is for on the financial statements. If the auditors have examined the prior year's financial statements presented for comparative purposes, they should their opinion for any new information. 5. Responsibility for the preparation and fair presentation of the financial statements rests with the

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