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State whether each of the following statements concerning the auditors standard report of a nonpublic company is True or False: 1 ) The report indicates
State whether each of the following statements concerning the auditors standard report of a nonpublic company is True or False: The report indicates that management is responsible for the preparation of the financial statements. The report should begin with "CPA's Report" at the top. The report is ordinarily addressed to whom it may concern." The report indicates that the auditors' responsibility is to obtain particular assurance about whether the financial statement is free of material misstatements. The report ordinarily concludes on whether the financial statement is in conformity with generally accepted auditing standards. The report indicates that the audit procedures selected depend on the auditors' judgment. The report indicates that the audit evidence obtained is sufficient and appropriate to provide a basis for the audit opinion. The report indicates that the auditors consider and provide an opinion on internal control
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